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.
77 days
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Zillow last checked:
Listing updated:
Listed by:
Adam Hage313-598-2566,
Atlas Properties Inc313-598-2566
Source: Realcomp II,MLS#: 20261044018
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 5,227 Square Feet
Dimensions: 40 x 124.75
Details
Parcel number: W01I003630S
Zoning description: Residential
Special conditions: Government Owned,Short Sale No