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6,534 Sqft Lot
$ 10,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60287994
Style Vacant Land
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60 x 107
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Opportunity awaits in the vibrant Dexter-Linwood neighborhood with this lot, Zoned R6, is 60 x 107 & totals approximately .15 acres. 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 proposal 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 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family,Residential
Building
Water Public Water, Public Water at Street
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes
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