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Jim Blehm

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

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2166 Field St , Detroit, MI 48214
$25,000
Est. Payment: $55.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 134
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397435 - 330189
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House Description

Vacant Land Opportunity – Islandview Neighborhood. Welcome to the latest offering from the Detroit Land Bank Authority (DLBA): seven (7) buildable lots located in the Islandview neighborhood, just minutes from Belle Isle Park. The DLBA is issuing a Request for Proposals (RFP) for small- to medium-scale infill development. The goal of this offering is to increase housing supply, restore the urban fabric, and support greater density and walkability within the neighborhood. The parcels are currently zoned R2; however, higher-density proposals may be considered through a conditional use approval. Interested purchasers should review the DLBA proposal guidelines for new-build opportunities and submit a detailed project description with their proposal. The DLBA also recommends reviewing the Islandview Greater Villages Neighborhood Framework Plan prepared by the City of Detroit’s Planning and Development Department for additional neighborhood context. Please note that the DLBA is entitled to a tax capture for five (5) tax years following the transfer of ownership. This tax capture may be incompatible with certain tax abatements and/or lot combinations otherwise available to the selected purchaser. Requests to waive the DLBA’s tax capture rights will be reviewed on a case-by-case basis and may require a payment in lieu of taxes (PILOT). Any such payment will be determined based on the proposed development pro forma and the impact of tax abatements on purchase and financing.Included Parcels: 2148, 2158, 2166, 2172, 2184, 2194, 2196 Field Street. Total Site Area: Approximately 44,261 square feet. Total Listing Price: $25,000. RFP Deadline: Proposals must be submitted no later than February 27, 2026 at 5:00 PM.

Highlights

Listed by Erick Monzo , 586-808-6436 Keller Williams Realty-Great Lakes , 586-541-4000.

Property Type

Vacant Land

Lot/Acreage
0.17

County

Wayne

School District

Detroit

Listing ID

20261007354

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Interior Features

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

Exterior Features

Principal Interest
$56
Taxes
$16

Home Price

$25,000

Loan Details

30 yrs
%

Down Payment

20%
$5,000
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:
$55.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $55.56 $15.94 $0.00 $71.49
Yearly $666.67 $191.25 $0.00 $857.92
Total $20,000.00 $5,737.50 $0.00 $25,737.50

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.