Prime Brush Park Development Opportunity
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30834869 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Other
|
| Status: |
Pending |
| Gross Land Area: |
17,550 SF
|
| Sale Price: |
$526,500 |
| Unit Price: |
$30 PSF |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/24/2023 |
Overview / Comments
|
In partnership with the Detroit Building Authority (DBA), the City of Detroit’s Housing and Revitalization Department (HRD) and Planning and Development Department (PDD) seek proposals from qualified entities to design and construct new mixed-income housing in the heart of the Brush Park neighborhood. The development site is located at 3124-3136 Brush and 420-430 Erskine at the southeast corner of Brush Street and Erskine Street. The site is approximately 17,500 square feet, or 0.4 acres. The City of Detroit seeks well-designed proposals for new development that will build upon the inherent strengths of the site and integrate the site seamlessly with the surrounding neighborhood.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Wayne |
| Submarket/Township: |
Detroit - New Center |
| Tax ID/APN: |
01003740 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Brush |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,147 |
123,292 |
323,523 |
| Median Age: |
37.89 |
37.36 |
35.02 |
| Households: |
12,079 |
53,669 |
125,054 |
|
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