The DLBA is seeking a development proposal for the vacant commercial property on Warren. Development proposals could be for parking, new build commercial, or greenspace'. 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… Read More property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review request 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 proforma and effect of any tax abatement on the purchase and development financing. BATVAI Please see attached documents for DLBA requirements. Read Less
Courtesy of RCH Brokerage Legacy Inc.
Listing Snapshot
Days Online
1673
Last Updated
Property Type
Vacant Land
Lot Size
0.2 Acres
MLS Number
40229962
30 Days Snapshot Of 48215
$1k
-98%
(avg) sold price
1
-50%
home sold
15
-83%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Water Features
Public Water
Lot
Lot size: 89.00X100.00, 0.2 acres
Property
Commercial
Taxes
Total: $0
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