Detroit, MI 48202 2835,525 Smith Street
Detroit, MI 48202 2835,525 Smith Street
Detroit, MI 48202 2835,525 Smith Street
Detroit, MI 48202 2835,525 Smith Street
Detroit, MI 48202 2835,525 Smith Street
Detroit, MI 48202 2835,525 Smith Street
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 60,000
Est. payment | /mo

4,356 Sqft Lot

Save
$ 60,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60962236

Style Vacant Land

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 30X140.04

Property Sub-Type Vacant Land

Property Description

Opportunity to own 11 VL parcels in Detroit's North End! This property is listed in a bundle with the following 11 contiguous parcels: 525 Smith, 531 Smith, 537 Smith, 543 Smith, 549 Smith, 555 Smith, 561 Smith, 567 Smith, 573 Smith, 579 Smith, 585 Smith, and must be sold together. These must be purchased together and cannot be split. Zoned residential, the property offers excellent potential for a new-build/infill development opportunity. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2.Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects (include addresses and photos). The DLBA is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the 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 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. 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 pro forma and the effect of any tax abatement on the purchase and development financing.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Building

Water Public Water at Street

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Hamtramck Academy

    Public | KG - 8

  • 7

    Detroit Edison Public School Academy

    Public | PK - 12

  • 6

    Hanley International Academy

    Public | PK - 8

  • 6

    Oakland International Academy-Middle

    Public | 5 - 8

  • 5

    Burton International Academy

    Public | PK - 8

  • 5

    New Paradigm Loving Academy

    Public | KG - 8

  • 5

    Davidson Elementary-Middle School

    Public | PK - 8

  • 5

    Golightly Education Center

    Public | PK - 8

  • 5

    Dickinson East Elementary School

    Public | KG - 6

  • 5

    Bridge Academy - Elementary School

    Public | PK - 5

  • 5

    Chrysler Elementary School

    Public | KG - 5

  • 5

    Chrysler Elementary School

    Public | KG - 5

  • 5

    Bunche Preperatory Academy

    Public | PK - 8

  • 4

    University Preparatory Academy (PSAD) Elementary School

    Public | KG - 5

  • 4

    Gee Edmonson Academy

    Public | PK - 8

  • 4

    University Preparatory Academy (Psad) Elementary School

    Public | KG - 5

  • 4

    Gee White Academy

    Public | PK - 8

  • 4

    University Preparatory Science and Math - Elementa

    Public | KG - 5

  • 4

    Ross-Hill Academy-Elementary

    Public | KG - 8

  • 3

    Durfee Elementary-Middle School

    Public | KG - 8

Middle Schools 9
  • 6

    Bridge Academy West

    Public | 6 - 8

  • 5

    University Preparatory Science and Math (PSAD) Middle School

    Public | 6 - 8

  • 5

    Frontier International Academy

    Public | 6 - 12

  • 4

    Henry Ford Academy: School for Creative Studies (PSAD)

    Public | 6 - 12

  • 4

    Kosciuszko School

    Public | 7 - 8

  • 3

    University Preparatory Academy (Psad) - Middle School

    Public | 6 - 8

  • 1

    Douglass Academy for Young Men

    Public | 6 - 12

  • 0

    Ace Academy (Seventy-Day Adventist) - Lincoln Center

    Public | 6 - 12

  • 0

    Catherine Ferguson Academy

    Public | 7 - 12

High Schools 20
  • 7

    Cass Technical High School

    Public | 9 - 12

  • 4

    University Preparatory Academy (Psad)-High School

    Public | 9 - 12

  • 3

    Detroit School of Arts

    Public | 9 - 12

  • 3

    Hamtramck High School

    Public | 9 - 12

  • 3

    Dr. Benjamin Carson School for Science and Medicine

    Public | 9 - 11

  • 1

    Central Academy and High School

    Public | 9 - 12

  • 1

    Detroit Collegiate Preparatory High School at Northwestern

    Public | 9 - 12

  • 1

    Detroit Collegiate Preparatory High School @ North

    Public | 9 - 12

  • 1

    Covenant House Academy Detroit -Central Site

    Public | 9 - 12

  • 0

    Central Collegiate Academy

    Public | 9 - 12

  • 0

    Detroit Collegiate Preporatory High School

    Public | 9 - 12

  • 0

    Northwestern South Wing

    Public | 9 - 12

  • 0

    Detroit City West Side Academy for Leadership Deve

    Public | 9 - 12

  • 0

    Highland Park Community High School

    Public | 9 - 12

  • 0

    Creative Learning Center - Highland Park

    Public | 10 - 12

  • 0

    Career Academy/Adult Education

    Public | 9 - 12

  • 0

    Plymouth Educational Center Preparatory High School

    Public | 9 - 12

  • 0

    Oakland International Academy - High School

    Public | 9 - 12

  • 0

    Horizon Alternative Education

    Public | 9 - 12

  • 0

    Osborn Upper School of Global Communications and Culture

    Public | 10 - 12

School and business data provided by Attom Data.
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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525 Smith Street