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3925 Tillman St

3.72 Acres of Residential Land Offered at $1,250,000 in Detroit, MI 48208

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Investment Highlights

Entire city block
Surrounded by vacant lots (Land Bank and Public-owned)

6% Seller financing offered

Executive Summary

Currently no environmental assessments available, but we are working on getting a Phase I approved to have completed by EGLE. Land bank lots are on a development hold, which means a buyer must have a development plan to submit to purchase any of those lots.

3925 Tillman Detroit - Development Prospectus

Property Facts

Price	$1,250,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	3.72 AC

Price	$1,250,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	3.72 AC

1 Lot Available

Lot

Price	$1,250,000	Lot Size	3.72 AC
Price Per AC	$336,022

Price	$1,250,000
Price Per AC	$336,022
Lot Size	3.72 AC

W TILLMAN 21 THRU 1 AND VAC ALLEYS ADJ HOSIES SUB L8 P99 PLATS, W C R 12/57 44 THRU 23 AND VAC ALLEYS ADJ GROSFIELD & SCHULTES SUB L7 P100 PLATS, W C R 12/56 12/--- 162,026 SQ FT

Description

Developers: an entire city block available for you to develop, 3.72 acres, minutes from the Corktown and Core Cities neighborhoods, and the new Ford Mobility Center headquarters (Michigan Central train station). Just off Mack Ave and I-96, perfect for residential and/or mixed-use development. The site is surrounded by land bank parcels, so with some additional acquisitions, there is an opportunity to develop an entire neighborhood. Currently zoned M3 (General Industrial). This is the former site of the Thorn Apple Valley meat smoking factory. The seller is willing to hold financing.