Prime development opportunity in Detroit’s Islandview neighborhood, offering endless potential in a rapidly developing residential area. Located just minutes from Detroit’s riverfront, Belle Isle, and Downtown Detroit, these parcels provide an ideal canvas for new residential construction in a vibrant and growing community. Convenient access to major corridors, neighborhood amenities, and ongoing redevelopment makes this an excellent opportunity for builders, developers, or long-term investors. This sale includes land on 1000 Baldwin and 7719 E. Lafayette. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. 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.
Listed By
Agency Name: Next Level Realty & Investments
Agency Phone: (734) 506-0076
Shown By
Agent Name: Diane Duncan
Agent Phone: (810) 227-1016 ext. 215
Agency Title: Griffith Realty
Estimated Payment
$ 45.31 per month $40.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $5.25 Homeowner's Insurance
7719 E Lafayette Street | MLS# 20261038488
This land located at 7719 E Lafayette Street , Detroit, MI 48214 is currently listed for sale with an asking price of $18,000. The property has approximately 0.04 Acres. E Lafayette Street is located within the Detroit school district. Search Detroit real estate on dduncan.griffithrealty.com today.