$25,000 New For Sale

2166 Field Street
Detroit, MI 48214

lot: 7405 sq ft lot | Residential Lots & Land - MLS# 20261007354
Property Photo
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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.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48214
  • School District: Detroit
  • Lot Size: 7405 sq ft lot
  • Directions: north of Kercheval Ave and East of E Grand Blvd
  • List Price Acre: 147058.82
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7405.2
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Land
  • Parcel Number: W17I013565S
  • Street Type: Paved
  • Tax Legal Description: E FIELD 7 LINDEN PARK SUB L16 P5 PLATS, W C R 17/41 50 X 150
Courtesy of Erick Monzo, Keller Williams Realty-Great Lakes
Source: Michigan Regional Information Center (MichRIC)
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