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$10,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261090325
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 32X100
Source Realcomp
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes two (2) contiguous residential parcels at **3515 Sheridan St and 3523 Sheridan St** in Detroit's desirable **Islandview neighborhood**. **Both parcels must be sold together for a combined asking price of $20,000.** 3515 Sheridan measures approximately **32x100 (3,200 SF)** and 3523 Sheridan approximately **30x100 (3,000 SF)**, totaling approximately **6,200 SF (0.14 acre)**, Zoned Residential. Both properties will convey with **clear title**. Excellent opportunity for new construction, infill development, parcel assemblage, or long-term investment, subject to zoning and City approval. Conveniently located near E Grand Blvd, Mack Ave, and major Detroit thoroughfares. Buyer must submit a complete **DLBA proposal package**, including proposed use, development timeline, proof of funds, site plan/concept drawings, and documentation of prior development experience. Sale is subject to **DLBA approval and execution of a DLBA Development Agreement**. Properties sold **AS-IS**. Buyer to verify dimensions, zoning, buildability, utilities, taxes, and all information. **DLBA retains the right to tax recapture for five (5) years following transfer of ownership.** Certain tax abatements, lot combinations, parcel assemblages, or other property-related actions may require additional DLBA review and approval.
Location
State MI
County Wayne
Zoning Residential
Direction South of Mack Ave, east of E Grand Blvd, on Sheridan St
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W17I013300S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Atlas Properties Inc
NEARBY SCHOOL & BUSINESS
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