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$22,500
Est. payment /mo
0.46 Acres Lot
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240073112
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 40X125
Source Realcomp
Property Description
Great opportunity for infill housing development. Zoned R2. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction HEAD EAST ON MICHIGAN AVE PASS W GRAND BLVD. MAKE LEFT ONTO WILLIAMS.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 120068747074
Acceptable Financing Cash
Listing Terms Cash
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Listed by RCH Brokerage Legacy Inc