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$ 101,000
Est. payment | /mo
5,227 Sqft Lot
$ 101,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mary E Armstrong (Plats)
MLS Listing ID 20240024639
Originating Board Realcomp II Ltd
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 30.00 x 174.00
Property Description
Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. 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 determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction S. of W. Edsel Ford, W. of 14th
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W10I006313S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
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Debra Katz
REALTOR® | Lic# 6501430267