Description
Development opportunity in Detroit's prime Islandview neighborhood, offering endless potential in a rapidly developing residential area. Located just minutes from Detroit's riverfront, Belle Isle, and Downtown Detroit, these parcels provide an ideal canvas for new residential construction in a vibrant and growing community. Convenient access to major corridors, neighborhood amenities, and ongoing redevelopment makes this an excellent opportunity for builders, developers, or long-term investors. 1000 Baldwin St & 7719 E Lafayette St. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Details
| MLS # | 20261001933 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Activeundercontract |
| Days On Site | 279 |
| Listing Provided By | Next Level Realty & Investments | Catina Willis |
Features
| Zoning | Residential |
|---|---|
| Acreage | 0.06 |
| Water Front | Yes |
Interior
| Cooling Yes / No | No |
|---|---|
| Heating Yes / No | No |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48214 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | WESSONS SUB OF LTS 19 TH RU 24 |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in WESSONS SUB OF LTS 19 TH RU 24) | |
Price: $18,000 low | high Med: $0 On site: 279 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48214 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | WESSONS SUB OF LTS 19 TH RU 24 |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in WESSONS SUB OF LTS 19 TH RU 24) | |
Price: $18,000 low | high Med: $0 On site: 279 low | high Med: | |