0.1 Acres of Land for Sale in Detroit, Michigan

323 King St, Detroit, MI 48202

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$53,000
0.1 acres
Active sale agoEst $565/mo

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.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 walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Directions

S. of Holbrook, E. of John R.

Property details

Coordinates
42.3822, -83.0759
Elevation
630 feet
MLS Number
GRAR 24003942
Date Listed

Legal description

Parcels

  • 01002798.

This 0.1-acre property is located at 323 King St in Detroit, MI 48202 with latitude 42.3822 and longitude -83.0759. The property is currently available for sale for $53,000 with a price per acre of $530,000. Listing data is sourced from Grand Rapids Association of Realtors # 24003942.

Verify sale details at the property source or contact BellaBay Realty Tri-Counties at (248) 274-6614.

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Listing checked and updated . Parcel data by Regrid.

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