1316 Dragoon Street, Detroit, MI 48209

Listing 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 1316 & 1322 Dragoon St in Detroit’s Central Southwest area. Properties must be sold together for a total purchase price of $30,000, presenting an excellent opportunity for new construction infill development.The site includes:1316 Dragoon St: approximately 30’ x 147’1322 Dragoon St: approximately 72’ x 147’Combined, the parcels offer approximately 102 feet of frontage and 147 feet of depth, providing strong flexibility 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 long-term residential demand.Conveniently located in Detroit’s Central Southwest neighborhood with easy access to major roads and freeways, and close proximity to Downtown Detroit, Corktown, and surrounding employment centers, along with nearby parks, schools, 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 case-by-case 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 Planning

Source: SparkMLS

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