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
$ 5,400
Est. payment | /mo
3,920 Sqft Lot
$ 5,400
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20230082132
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35 x 108
Source Realcomp
Property Description
Check out this latest offering from the Detroit Land Bank Authority located at 8 Mile and Mound. This FIVE lot bundle is conveniently located near the Chrysler Assembly Plant and expressway making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 20511 CALDWELL, 20505 CALDWELL, 20500 BUFFALO, 20512 BUFFALO, AND 20522 BUFFALO AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $5,400.
Location
State MI
County Wayne
Zoning Residential
Direction South of 8 Mile and West of Mound
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 13014382.
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes
Nearby Locations
I'd love to help you on your search to finding the perfect home! No matter where you're at in the process - don't hesitate to reach out!