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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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101 Lenox St , Detroit, MI 48215
$4,799,999
Est. Payment: $10,666.66/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 16
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411894 - 457884
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

RARE 16.16-ACRE DETROIT WATERFRONT DEVELOPMENT OPPORTUNITY! Prime Detroit River waterfront property zoned Planned Development (PD). Existing plans for Lenox Waterfront Estates showcase a proposed 18-home residential community with planned roads, sidewalks, utilities, grading and drainage. The site’s size, waterfront setting and development potential offer an exceptional opportunity for builders, developers and investors. Offered at $4,799,999. Survey and proposed development plans included in listing photos. Buyer and buyer’s agent to independently verify zoning, permitted uses, approvals, utilities, dimensions, waterfront frontage and all development requirements. Existing seawall condition has not been inspected. Phase II environmental assessment anticipated in the coming weeks.
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Highlights

Listed by Demontay Scott , 810-449-6534 EXP Z Real Estate , 248-937-1337.

Property Type

Vacant Land
Lot/Acreage
16.16

County

Wayne

 School District

Detroit

Listing ID

20261068684

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$10,667
Taxes
$1,751

Home Price

$4,799,999

Loan Details

30 yrs
%

Down Payment

20%
$960,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,666.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,666.66 $1,751.00 $0.00 $12,417.66
Yearly $127,999.97 $21,012.00 $0.00 $149,011.97
Total $3,839,999.20 $630,360.00 $0.00 $4,470,359.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.