Listed by Encore Real Estate Investment Services
$40,000
DLBA - 7610 Rosa Parks
Details
APN *08001741
Property Type Land
Sub Type Commercial
Acreage 0.450
Zoning R3
Land | 0.45 acres
Marketing description
Situated along the well-traveled Rosa Parks Boulevard corridor in Detroit’s Henry Ford area, this 0.45-acre (19,764 SF) vacant lot presents a strong opportunity for residential infill development or long-term land positioning. Zoned R3, the property supports residential development within an established neighborhood setting characterized by a mix of single- and multi-family housing. The site benefits from proximity to major north-south thoroughfares, public transit access, neighborhood retail corridors, and ongoing investment activity throughout the greater Dexter / Rosa Parks area. With nearly half an acre of land, the parcel provides flexibility for new construction, redevelopment planning, or assemblage potential in a steadily improving residential corridor. This property represents a solid entry point for builders, investors, or developers seeking scale within a historically resilient Detroit neighborhood. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Investment highlights
- Square footage: 19,764
Listing Contacts
Listed by Encore Real Estate Investment Services
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