5957 Rosa Parks, Detroit, MI 48208
Local realty services provided by:CENTURY 21 Signature Realty
5957 Rosa Parks,Detroit, MI 48208
$75,000
- 0.42 Acres
- Lots / Land
- Active
Listed by: catina willis
Office: next level realty & investments
MLS#:60986690
Source:MI_REALSOURCE
Price summary
- Price:$75,000
About this home
***PRIME DEVELOPMENT OPPORTUNITY on a RARE 0.42-ACRE PARCEL (18,274 SF) *** The 115x160 parcel offers an excellent opportunity for residential infill development, including single-family homes, townhomes, duplexes, or small multifamily projects. Located a few minutes from Downtown and Midtown Detroit. This vacant parcel is owned by the Detroit Land Bank Authority (DLBA) through its Marketed Property Program. The property offers an opportunity for new construction and infill development, subject to zoning and City approvals. 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....
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Home facts
- Listing ID #:60986690
- Added:97 day(s) ago
- Updated:July 30, 2026 at 10:30 AM
Structure and exterior
- Lot area:0.42 Acres
Utilities
- Water:Community, Public Water at Street
- Sewer:Public At Street
Finances and disclosures
- Price:$75,000
- Tax amount:$1
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