$35,651 Price Analysis    ♡   Detroit, MI 48228 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.86 acre lot. Listed 2024-02-06, Taxes $3,690 | Ⓧ USDA Ineligible due to property near Detroit |
Welcome to the latest offering from the Detroit land Bank authority.
Over 37, 000 sq ft of commercial space waiting for your development ideas located in the Franklin Park subdivision. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening or beautification, whether for profit or community activation. Interested buyers should consult our proposl guidelines for land-based sites and our Guide to Plot Plan, Site Design and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood.
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 availabl e 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.
Presented by GENE KELLEY at
Real Estate One Southfield.
Property MLS #20240007161 from Realcomp
Lot Size Dimensions: 228.00 x 164.00
Lot Size Square Feet: 37461
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: Southfield fwy to plymouth follow service drive to weaver
Source Property Type: Vacant Land
Area: Det: Joy-Schoolcraft Grnfld-Limi
Source Neighborhood: EMERSON PARK (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: W22I068254S002L
Postal Code Plus 4: 1111
Subdivision: EMERSON PARK (PLATS)
Zoning: Commercial
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2018 | $unknown + $unknown $43,800 | $3,690 |
| 2017 | $unknown + $unknown $40,900 | $3,667 |
| 2016 | $unknown + $unknown $40,300 | $3,685 |
| 2015 | $unknown + $unknown $68,400 | $5,361 |
$35,651
Realcomp
Sold 1996-10-30
$62,000
Public Record
Water Source: Water at Street
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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.