12947 E MCNICHOLS Road Active

Detroit,MI 48205

$ 5500

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Gitre Park

MLS Listing ID 20240071515

Originating Board Realcomp II Ltd

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 45.00 x 110.00

Property Description

Looking for that perfect small/medium infill project in the Von Steuben Community? 2 lots included, 12947 & 12937 E. McNichols, 8,780 square feet total. 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. 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 that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Residential

Direction N. of W. McNichols, W. of Gratiot

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W21I020280S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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