- Status:
- Active
- MLS #:
- 60989937
- Neighborhood:
- Moses W Fields 2nd
- County:
- Wayne
- Listed By:
- Adam Hage - Atlas Properties Inc
- Agent Phone:
- (313) 598-2566
- Agent Email:
- ahagereo@gmail.com
Sponsoring Broker: Shawna Alt, First Weber
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at ** 272 & 268 E Grand Blvd** in Detroit's **Islandview neighborhood**. Properties must be sold together for a **total purchase price of $30,000** (**$15,000 each**), presenting an excellent opportunity for **new construction infill development** in a highly desirable and growing area. The site includes: * **268 E Grand Blvd:** approximately **50' x 155'** * **272 E Grand Blvd:** approximately **50' x 155'** Combined, the parcels offer approximately **100 feet of frontage and 155 feet of depth**, providing strong flexibility for **single-family or potential multi-unit development** (subject to zoning and City approval), consistent with neighborhood revitalization goals. The surrounding area features a mix of **occupied homes, renovations, and new construction activity**, supporting strong long-term residential demand. Located in the **Islandview neighborhood**, the property benefits from close proximity to the **Detroit River, Belle Isle, West Village, and Downtown Detroit**, along with nearby parks, schools, restaurants, and neighborhood amenities. Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawings, and documentation of prior similar projects (addresses and photos). Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma. Buyer
Highlights
- Land
- 0.18 Acre Lot
- 191 days on Market
-
- Architectural Style
- Vacant Land
-
- Acres
- 0.18
-
- Water
- Public
-
- Area
- Detroit (82001)
-
- County
- Wayne
-
- City
- Detroit
-
- Neighborhood
- Moses W Fields 2nd
-
- Zip Code
- 48207
-
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Estimated Value
$15,045
Estimated Sales Price Range:
$12,036 - $18,054
Source: Constellation Data Labs
Price History
| 05/05/2026 | Listed | $15,000 |
| Source: MiRealSource #60989937 | ||
Source: MLS Data
Deed History
| 01/23/2014 | Quit Claim Deed (non-arm's length) | $0 |
| 01/09/2006 | Warranty Deed | $163,000 |
| 03/22/2005 | Warranty Deed | $23,500 |
Source: Public records via Constellation Data Labs
Mortgage History
| 06/20/2005 | Commercial | $146,700 |
Source: Public records via Constellation Data Labs
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There are currently 5694 properties available in Detroit, with 114 under contract to close soon. Properties in the city have an average sale price of $143,897 and typically spend 91 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 272 E Grand Blvd at around $85. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 272 E Grand Blvd?
In most cases, yes. Whether 272 E Grand Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Detroit's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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How long has this property been on the market?
272 E Grand Blvd was listed on May 05, 2026, which means it's been on the market for 191 days.
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What is the lot size of this property?
272 E Grand Blvd sits on a 0.18-acre lot, which is 7,841 square feet.
Is 272 E Grand Blvd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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