$23,658 Price Analysis    ♡   Detroit, MI 48207 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.27 acre lot. Listed 2023-06-20, Taxes $583 | Ⓧ USDA Ineligible due to property near Detroit |
Property zoned as R5.
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 DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs).
Note that the DLBA is entitled to 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 DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.
Presented by LEONARD PICKETT at
Rch Brokerage Legacy Inc.
Property MLS #20230045754 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 96.00 x 123.00
Lot Size Square Feet: 11761
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: TAKE MACK AVE HEADED WEST PASS VAN DYKE. MAKE RIGHT ONTO E GRAND BLVD, PROPERTY WILL BE ON LEFT SIDE OF THE STREET. SYLVESTER SIDE STREET
Source Property Type: Vacant Land
Area: Det: 6-Mack I75-Conner
Source Neighborhood: ASSESSORS PLAT OF LOTS 1 TO 65 INCL PT 66 ETC
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W15I007993S
Subdivision: ASSESSORS PLAT OF LOTS 1 TO 65 INCL PT 66 ETC
Zoning: Commercial
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2013 | $unknown + $unknown $8,009 | $583 |
| 2012 | $unknown + $unknown $8,009 | $563 |
| 2011 | $unknown + $unknown $8,009 | $552 |
| 2010 | $unknown + $unknown $8,430 | $537 |
| 2009 | $unknown + $unknown $8,430 | $529 |
| 2008 | $unknown + $unknown $8,430 | $455 |
| 2007 | $unknown + $unknown $8,430 | $449 |
$23,658
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Listed 2023-06-20
$23,658
Realcomp
Water Source: Public (Municipal)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.