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In-PersonVirtual Tour
$ 99,000
Est. payment | /mo
0.34 Acres Lot
$ 99,000
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261013604
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 150 x 99
Source Realcomp
Property Description
This is a land-based site. This property is sold with 11832, 11870,11892, 11920,11950 Ohio. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult DLBA proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. 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.
Location
State MI
County Wayne
Zoning Residential
Direction TAKE GRAND RIVER HEADED SOUTH PASS WYOMING. MAKE LEFT ONTO OHIO ST. PROPERTY ON RIGHT HAND SIDE.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 16033584.
Acceptable Financing Cash
Listing Terms Cash
Listed by RCH Brokerage Legacy Inc
Nearby Locations
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