Residential Land for Sale in Detroit, Michigan

5224 Linwood St Detroit, MI 48208

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$49,500
0.11 acres
Active sale agoEst $402/mo

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x151.56. 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 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.

Directions

Grand River & I-94

Location

Street Address
5224 Linwood St
Community
Fords Sub (Plats)
School District
Detroit
Elevation
617 feet
Coordinates
42.3507, -83.0926

Property details

Zoning
Residential
MLS Number
REALCOMP 20240024964
Date Posted

Parcels

  • 10007345.

Legal description

This 0.11-acre property is located at 5224 Linwood St in Detroit, MI 48208 with latitude 42.3507 and longitude -83.0926. The property is currently available for sale for $49,500 with a price per acre of $450,000. Listing data is sourced from Realcomp Limited II # 20240024964.

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

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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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