REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 13,000
Est. payment /mo
New
715 Field Street Detroit, MI 48214
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261031128
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 39x109
Source Realcomp
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at 715 & 721 Field St in Detroit's Islandview neighborhood. Properties must be sold together for a total purchase price of $26,000 ($13,000 each), presenting an excellent opportunity for new construction infill development in a highly desirable and growing area.The site includes:715 Field St: approximately 39' x 109'721 Field St: approximately 64' x 90'Combined, the parcels offer a flexible footprint with strong frontage and depth, allowing for single-family or potential multi-unit development (subject to zoning and City approval), consistent with neighborhood revitalization goals.The surrounding area features a mix of occupied homes, renovations, and new construction activity, supporting strong long-term residential demand. Located in the Islandview neighborhood, the property benefits from close proximity to the Detroit River, Belle Isle, West Village, and Downtown Detroit, along with nearby parks, schools, restaurants, and neighborhood amenities.Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawings, and documentation of prior similar projects (addresses and photos).Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold as-is.DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma.Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Pla
Location
State MI
County Wayne
Zoning Residential
Direction South of Lafayette St / north of Vernor Hwy
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W15I007491C2
Acceptable Financing Cash
Listing Terms Cash
Listed by Atlas Properties Inc
Nearby Locations
GET MORE INFORMATION
