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$16,500
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Plat Of Sub Of Pt Godfroy Farm (Plats)
MLS Listing ID 20250003990
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type ImprovedLand
Property Description
Great Investment Opportunity! This lot is being sold as a bundle with 3034 14th St. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. 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 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.
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 Area05101Detsouthofgrandriver
Exterior
View Y/N No
Building
Sewer PublicSewer
Water Public
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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