Welcome to the newest listing featured by the Detroit Land Bank. This commercial vacant lot is a blank canvas ready for your vision. Located in a growing area with strong traffic and development potential. This lot is on The DLBA is seeking proposals to support the activation and stewardship of… Read More vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA 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 abatement 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 proforma and effect of any tax abatement on the purchase and development financing. Read Less
Courtesy of Keller Williams Realty-Great Lakes.
Listing Snapshot
Days Online
422
Last Updated
Property Type
Vacant Land
Lot Size
0.08 Acres
MLS Number
60386860
Additional Details
Property Access
Paved Street
Water Features
Public Water at Street
Lot
Lot size: 30 x 118, 0.08 acres
Property
Commercial
Taxes
Total: $0
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