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$9,900
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Mills Sub No 3 (Plats)
MLS Listing ID 20240071891
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type ImprovedLand
Property Description
This newest listing is offered by the Detroit Land Bank. This vacant residential lot is 45x105 which offers the perfect blank canvas for you to bring your vision to life. Whether you're dreaming of building your custom home or making an investment in the future, this lot is your gateway to possibility. Ideally located just minutes from the vibrant energy of Downtown Detroit, you'll enjoy easy access to the city's entertainment, dining, and cultural scenes while still savoring the charm of the Islandview neighborhood. Don't miss out on this opportunity to create something truly special! This lot is on 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 our proposal guidelines for land-based sites and our 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. Please note that the DLBA 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
Area Area05053Detwoodwardmcclellansomack
Exterior
View Y/N No
Building
Sewer SewerAtStreet
Water WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Erick Monzo of Keller Williams Realty-Great Lakes
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