0.07 Acres of Residential Land for Sale in Detroit, Michigan

8028 Cahalan St, Detroit, MI 48209

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$70,000
0.07 acres
Active sale agoEst $746/mo

Great infill build opportunity in Southwest Detroit. Sale includes the following addresses; 8028, 8034, 8040, 8044, 8050, 8056, 8062 Cahalan. The DLBA is seeking proposals that 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 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 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

Vernor & Springwells

Property details

Coordinates
42.3081, -83.1255
Community
Cahalans (Plats)
Zoning
Residential
Elevation
594 feet
MLS Number
REALCOMP 20240024479
Date Listed

Legal description

Parcels

  • 20003570.

This 0.07-acre property is located at 8028 Cahalan St in Detroit, MI 48209 with latitude 42.3081 and longitude -83.1255. The property is currently available for sale for $70,000 with a price per acre of $1,000,000. Listing data is sourced from Realcomp Limited II # 20240024479.

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.

Listing checked and updated . Parcel data by Regrid.

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