An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. 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. BATVAI 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 DLBA requirements and offer submission information.
General Information
Sale Price: $5,000
Price/SqFt:
Status: Active
MLS#: rcomi20240063850
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: aberle zug & devogelaers sub (plats)
Acres: 0.08
Lot Dimensions: 36.00 x 91.00
Size:
Acreage: 0.08 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: W SEYBURN 28 ABERLE ZUG & DE VOGELAERS SUB L26 P78 PLATS, W C R 17/231 35.67 IRREG
