REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,000
Est. payment | /mo
6,969 Sqft Lot
$ 7,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20240024677
Annual Tax Amount $100
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60.00 x 115.00
Source Realcomp
Property Description
Great Build Opportunity Waiting for You! Zoned R1 Residential, so bring your ideas. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. 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 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. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction E. of Rosa Parks Blvd., W. of Forest
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W08I001228S
Acceptable Financing Cash
Listing Terms Cash
Listed by Bellabay Realty Tri Counties
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!