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In-PersonVirtual Tour
$ 6,000
Est. payment | /mo
5,662 Sqft Lot
$ 6,000
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250037096
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45 x 122
Source Realcomp
Property Description
This property is sold in a bundle with 4 vacant lots 1528, 1514, 1522 Gray and 1508 Gray totaling 20,128 sqft. Not sold separately. All lots sold together for 30k. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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. See attached documents for guidelines and submission instructions. BATVAI
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Take Jefferson Ave headed East pass Conner. Make left onto Gray. Lot is on the corner of Brooks and Gray.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 21048452.
Acceptable Financing Cash
Listing Terms Cash
Listed by RCH Brokerage Legacy Inc
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