503 LAKEWOOD ST Detroit MI 48215 MLS #20240043034

503 LAKEWOOD ST
Detroit, MI, 48215
$10,000
Beds
0 Baths
0 SqFt
0.12 Acres
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MLS #20240043034 image #0
Great property for infill building located in the Jefferson Chalmers NEZ site. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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 abatement 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information. BATVAI

Property Details

Price:
$10,000
MLS #:
20240043034
Status:
Pending
Beds:
0
Baths:
0
Type:
Land
Subtype:
UnimprovedLand
Subdivision:
LAKEWOOD BLVD ADDITION PLATS
Neighborhood:
area05066detmcclellaneastmacktoshore
Listed Date:
Jun 24, 2024
Lot Size:
5,227 sqft / 0.12 acres (approx)
Short SaleArea05066detmcclellaneastmacktoshoreArea05066detmcclellaneastmacktoshoreLakewood Blvd Addition PlatsDetroit

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Market Summary

Current real estate data for Land in Detroit as of Jun 20, 2026
819
Land Listed
574
Avg DOM
$73,324
Avg List Price

Property Summary

    Located in the LAKEWOOD BLVD ADDITION (PLATS) subdivision, 503 LAKEWOOD ST Detroit MI is a Land for sale in Detroit, MI, 48215. It is listed for $10,000 and features 0 acres. To schedule a showing of MLS#20240043034 at 503 LAKEWOOD ST in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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