$13,000
Price per sqft: N/A
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at 1571 & 1577 Sycamore St in Detroit’s North Corktown 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 one of Detroit’s most desirable and rapidly growing areas. The site includes: 1571 Sycamore St: approximately 34’ x 115’ 1577 Sycamore St: approximately 35’ x 115’ Combined, the parcels offer approximately 69 feet of frontage and 115 feet of depth, providing 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 strong mix of new construction, renovated homes, and active development, supporting high demand and long-term value. Located in North Corktown, the property is just minutes from Downtown Detroit, Corktown, Michigan Avenue corridor, and major employment centers, along with nearby parks, 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 Neighborhood Framework
Atlas Properties Inc
Listed on : May 5, 2026
4
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
Utilities
Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.