DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes four (4) residential parcels located at **48, 56, 64 & 72 Woodland St** in Detroit's **Gateway Community**. **Total Asking Price: $52,000 ($13,000 per parcel).** Properties must be sold together.Each parcel measures approximately **40' x… Read More 125'**, providing a combined frontage of approximately **160 feet**. Excellent opportunity for **new construction residential development** (subject to zoning and City approval) in an area experiencing ongoing investment and revitalization.Conveniently located near **Woodward Ave, Midtown, New Center, Downtown Detroit, Wayne State University, Henry Ford Health, and Detroit Medical Center**.Buyer must submit a complete DLBA proposal package including project description, development timeline, proof of funds, site plan/concept drawings, and documentation of prior similar projects.Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) years following transfer. A rare opportunity to acquire four contiguous residential parcels in Detroit's growing Gateway neighborhood. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc.
Listing Snapshot
Days Online
14
Last Updated
Property Type
Vacant Land
Lot Size
0.11 Acres
MLS Number
20261044032
30 Days Snapshot Of 48202
$166k
+39%
(avg) sold price
20
-4%
homes sold
94
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Water Features
Public (Municipal)
Lot
Lot size area: 0.11, Lot size dimensions: 40.00x125.00
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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