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$ 8,400
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6,969 Sqft Lot
$ 8,400
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 40244550
Style Vacant Land
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60 x 115
Property Description
This is a land-based project site. The DLBA wants to seek land-based uses (urban agriculture, community garden, etc.) Barham South Parcels (8) vacant lots including addresses 3615,3607,3599,3591,3585,3581, 3573,3569 offered by Detroit Land Bank Authority. 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 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 Detroit (82001)
Zoning Residential
Exterior
Waterfront No
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One-Southfield