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$12,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
11/25/2024 08:40 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2210075180
Originating Board Realcomp
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 89.00X100.00
Property Description
The DLBA is seeking a development proposal for the vacant commercial property on Warren. Development proposals could be for parking, new build commercial, or greenspace’. 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 request 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. BATVAI Please see attached documents for DLBA requirements.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction TAKE WOODWARD HEADING EAST PASS DICKERSON
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W21I002702S
Acceptable Financing Cash
Listing Terms Cash
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Listed by RCH Brokerage Legacy Inc