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In-PersonVirtual Tour
$ 6,500
Est. payment | /mo
3,484 Sqft Lot
$ 6,500
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20221069872
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30 x 120
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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 financing. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction mack west to belvidere, go South
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 19007511.
Acceptable Financing Cash
Listing Terms Cash
Listed by Real Estate One-Southfield
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