5201 CASMERE ST, Hamtramck, MI 48212
Local realty services provided by:ERA Prime Real Estate Group
5201 CASMERE ST,Hamtramck, MI 48212
$24,674
- 0.21 Acres
- Lots / Land
- Pending
Listed by: gene kelley ii
Office: real estate one-southfield
MLS#:20240038982
Source:MI_REALCOMP
Price summary
- Price:$24,674
About this home
Welcome to the latest offering from the Detroit land Bank Authority. Calling all developers. 3 vacant lots ready to build. Sale includes 5193 and 5183 casmere. Over 16,000 sqft. of buildable space for you to develop. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.
Please note that the Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
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Home facts
- Listing ID #:20240038982
- Added:776 day(s) ago
- Updated:July 22, 2026 at 08:43 AM
Structure and exterior
- Lot area:0.21 Acres
Utilities
- Water:Water at Street
- Sewer:Public Sewer
Finances and disclosures
- Price:$24,674
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