REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$19,891
Est. payment /mo
6,969 Sqft Lot
UPDATED:
10/22/2024 01:36 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Renos Sub (Plats)
MLS Listing ID 20230083456
Originating Board Realcomp II Ltd
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 160 x 44
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Vacant corner lot primed for Development. Located in the Islandview neighborhood. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of 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. The DLBA will also consider infill development proposal for this site as well.
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/or 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 proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
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/or 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 proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Residential
Direction Gratiot South to mack, go east to Mt. Elliot. Go South to Charlevoix
Exterior
Waterfront no
Road Frontage Paved
Building
Sewer Sewer at Street
Water Water at Street
Schools
School District Detroit
Others
Tax ID 15000256.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash, Quit Claims Deed
Listing Terms Cash, Quit Claims Deed
Financing Cash,Quit Claims Deed
Read Less Info
©2024 Realcomp II Ltd. Shareholders
Listed by Gene Kelley II of Real Estate One-Southfield