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In-PersonVirtual Tour
$ 25,000
Est. payment | /mo
1,742 Sqft Lot
$ 25,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251038865
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 30X57.5
Source Realcomp
Property Description
Five contiguous vacant lots available in Detroit's North End neighborhood, including 9845 Russell, 9851 Russell, 9838 Hindle, 9839 Russell, and 9833 Russell, totaling approximately 0.35 acres. Located near Caniff and Chrysler Dr, the parcels feature paved road frontage and access to public sewer. Zoned residential, this bundle offers excellent potential for new construction or infill development. All lots must be purchased together and cannot be separated. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Take I-75 N to Chrysler Dr. Take exit 55 from I-75 N Continue on Chrysler Dr. Drive to Russell St
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W05I003139S002L
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes
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