$ 4,000
2471 CONCORD Street Detroit, MI 48207
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$ 4,000
Est. payment | /mo
5,227 Sqft Lot
$ 4,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mills Sub No 3 (Plats)
MLS Listing ID 20240058617
Originating Board Realcomp II Ltd
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 35.00 x 153.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This Islandview infill lot size is 35x153. 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Residential
Direction N. of Vernor, E. of Mt. Elliott
Exterior
Waterfront no
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W15I011708S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
©2024 Realcomp II Ltd. Shareholders
Listed by Natasha C Richards of Bellabay Realty Tri Counties
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JEFF HIGGINS
Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States