2496 Parker Street, Detroit, MI 48214

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. This Islandview infill lot size is 29x110. 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

Listing Status:

Active

Date Added:

September 6, 2024

Data Last Updated:

April 3, 2026 at 2:45AM

Listing Office:

Bellabay Realty Tri Counties : 248-274-6614

Listing Agent:

Natasha Richards : 313-204-0310

MLS ID:

60337390

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E PARKER 23 HUGO SCHERERS SUB L26 P21 PLATSW C R 17/214 28.84 X 110

Utilities

• Water: Public

Financial

• Source: MiRealSource