Residential Land for Sale in Detroit, Michigan

5230 Linwood St Detroit, MI 48208

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$114,000
0.11 acres
Active sale agoEst $926/mo

Welcome to the latest offering from the Detroit Landbank Authority. 4 buildable lots just waiting for your development ideas. Over 15,000 sqft. of land to create the ultimate project. Sale includes 5248,5249 and 5254 Linwood. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Directions

i-94 to grand river go south to linwood

Location

Street Address
5230 Linwood St
Community
Fords Sub (Plats)
School District
Detroit
Elevation
617 feet
Coordinates
42.3508, -83.0927

Property details

Zoning
Residential
MLS Number
REALCOMP 20240093459
Date Posted

Parcels

  • 10007346.

Legal description

This 0.11-acre property is located at 5230 Linwood St in Detroit, MI 48208 with latitude 42.3508 and longitude -83.0927. The property is currently available for sale for $114,000 with a price per acre of $1,036,364. Listing data is sourced from Realcomp Limited II # 20240093459.

Verify sale details at the property source or contact Real Estate One-Southfield at (248) 304-6700.

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Copyright (C) 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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