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Jenn Smart

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721 Field , Detroit, MI 48214
$13,000
Est. Payment: $67.74/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 63
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at **715 & 721 Field St** in Detroit's **Islandview neighborhood**. Properties must be sold together for a **total purchase price of $26,000** (**$13,000 each**), presenting an excellent opportunity for **new construction infill development** in a highly desirable and growing area. The site includes: * **715 Field St:** approximately **39' x 109'** * **721 Field St:** approximately **64' x 90'** Combined, the parcels offer a flexible footprint with strong frontage and depth, allowing 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. Buyers are encouraged to review applicable **Nei

Highlights

Listed by Adam Hage , 313-598-2566 Atlas Properties Inc , 313-598-2566. MiRealSource, Inc. mls logo

Property Type

Vacant Land

Lot/Acreage
0.13

County

Wayne

Area

Detroit (82001)

Neighborhood

Moses W Fields Sub L1 P315

School District

Detroit City School District

Listing ID

60989938

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public Water

Exterior Features

Lot Dimensions:64X90
Zoning:Residential
Principal Interest
$68
Taxes
$8

Home Price

$13,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$2,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$67.74

Principal

Taxes

Principal Taxes HOA Total
Monthly $67.74 $8.29 $0.00 $76.03
Yearly $812.94 $99.45 $0.00 $912.39
Total $24,388.13 $2,983.50 $0.00 $27,371.63
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T07:12:09.900Z

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