$40,000 for Sale

490 concord street, detroit, MI 48207

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Property Description
This is a package listing 498,490,502,508 516 Concord - properties must be sold together $40,000. Excellent opportunity to develop in a growing Detroit neighborhood. Vacant residential parcel with easy access to Midtown, Corktown, downtown Detroit, major employers, and neighborhood amenities. Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
General Information
Sale Price: $40,000
Price/SqFt:
Status: Active
MLS#: 20261058688
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: walker & coopers
Acres: 0.07
Lot Dimensions: 30X107.64
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  E CONCORD N 30 FT OF W 107.64 FT OF 10 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATS, W C R 15/16 30 X 107.64


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
(810) 874-9992 Call Brian McFarlin for more information about this property.

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