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For Sale Pending

435 Martin Luther King Jr Boulevard Map / directions

Detroit, MI Learn More About Detroit

48201 Market info

$290,000

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  • 0.22 Acres
  • MLS# 20240022249
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248-208-3883

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Nearly a ¼ acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.”

Property Information

Status
Pending 
Address
435 Martin Luther King Jr Boulevard 
City
Detroit 
Zip
48201 
Lot Size
0.22 
Lot Dimensions:
50.00 x 190.00 
Zoning
Commercial, Multiple, Residential
Water
Public (Municipal) 
Listing Date
04/23/2024 
List Price
$290,000
Subdivision
Cass Farm L1 P172 Plats 
County
Wayne 

School Information

School District
Detroit 

Taxes

Summer Taxes
$4,196 
Winter Taxes
$514 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240022249 Pending Active Sep 9 2024 2:15AM 139
20240022249 Active Apr 23 2024 5:05PM $290,000 139
School Information
Local Business

Learn More About This Listing

Portrait of Eugene Kelley II
Listed by Eugene Kelley II

248-506-1257

Southfield

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Max Broock and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Real Estate One
Office Address 26261 Evergreen Rd. Suite 180

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Our Michigan real estate agents can answer all of your questions about 435 Martin Luther King Jr Boulevard, Detroit MI 48201. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Detroit, Michigan real estate market. To sell or buy a home in Detroit, Michigan, contact our real estate agents as we know the Detroit, Michigan real estate market better than anyone with over 100 years of experience in Detroit, Michigan real estate for sale.

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435 Martin Luther King Jr Boulevard Detroit
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$290,000
For Sale • Acres: 0.22 • School District: Detroit