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About the Listing 376211 - 297897
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes four (4) residential parcels located at **48, 56, 64 & 72 Woodland St** in Detroit's **Gateway Community**. **Total Asking Price: $52,000 ($13,000 per parcel).** Properties must be sold together. Each parcel measures approximately **40' x 125'**, providing a combined frontage of approximately **160 feet**. Excellent opportunity for **new construction residential development** (subject to zoning and City approval) in an area experiencing ongoing investment and revitalization. Conveniently located near **Woodward Ave, Midtown, New Center, Downtown Detroit, Wayne State University, Henry Ford Health, and Detroit Medical Center**. Buyer must submit a complete DLBA proposal package including project description, development timeline, proof of funds, site plan/concept drawings, and documentation of prior similar projects. Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) years following transfer. A rare opportunity to acquire four contiguous residential parcels in Detroit's growing Gateway neighborhood.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 40X124.75
- Zoning: Residential
- Roof:
- Others: Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: W01I003628S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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72 Woodland St Detroit, MI 48202
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