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$25,000
Est. payment /mo
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type UnimprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Maxwell Park Jos Grindleys (Plats)
MLS Listing ID 20250008576
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type UnimprovedLand
Property Description
Welcome to the latest offering from the Detroit land Bank Authority. 0ver 10,000 sq ft. of vacant paved land, ideal for a parking lot or commercial parking structure. Bring your offers and ideas as this could prove very viable in the up and coming Air Port sub.
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 in lieu of taxes to approve such requests. Upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
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 in lieu of taxes to approve such requests. 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 Area05052Det6Macki75Conner
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, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Gene Kelley II of Real Estate One-Southfield
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