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Key Facts

Type Improved Land
Levels Land
Size -
Garage No
Taxes $100
Days Active 76
Lot Size 
Approx. Age 
MLS® Number 20250018650

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This great investment opportunity is located minutes from Eastern Market, Indian Village and Downtown Detroit at an amazing price. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development performance and effect of any tax abatements on the purchase and development financing.Show Description
MLS® Number20250018650
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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