Residential Land for Sale in Detroit, Michigan
408 Marston, Detroit, MI 48202
Great opportunity for infill housing development. Located in a Opportunity Zone. 414 Marston, 8032,8036, 8042, 8048, & 8050 Brush. Totaling = 13,739 sqft. All 7 properties are sold for $40k. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. Note that 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission.
Location
- Street address
- 408 Marston
- County
- Wayne County
- Community
- Atkinsons Sub of Park Lot 6 (Plats)
- School district
- Detroit
- Elevation
- 630 feet
Directions
HEAD SOUTH ON WOODWARD PASS HOLBROOK AVE MAKE LEFT MARSTON DRIVE DOWN TO BRUSH CORNER LOTS
Property details
- Lot size
- 0.03 acres1,307 sq ft
- Zoning
- Residential
- MLS #
- REALCOMP 2200012946
- Posted
Parcels
- W01I002297S002L
Legal description
S MARSTON W 17.26 FT OF E 38.11 FT OF N 67 FT 25 EXC E 2.55 FT OF N 48.30 FT W 3 FT OF E 41.11 FT OF N 33.80 FT 25 W 3.70 FT OF E 44.81 FT OF N 33.30 FT 25 ATKINSONS L8 P21 PLATS, W C R 1/107 21.41 IRREG
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 16, 2023 | Back on market | $5,218 | — | REALCOMP |
| Nov 7, 2020 | New listing | $5,218 | — | REALCOMP |