Detroit, MI 48214
MLS# 20261007358
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.
Listed by Erick Monzo · Keller Williams Realty-Great Lakes
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$126/mo
$5,000 down · $20,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
