5,662 Sqft Lot
5,662 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Macklems Sub Of Lot 16 (Plats)
MLS Listing ID 20240060165
Originating Board Realcomp II Ltd
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45.00 x 122.00
Property Description
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 DLBA 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. 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. See attached documents for DLBA requirements and offer submission info. BATVAI
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction TAKE CHICAGO BLVD HEADED EAST PASS WOODWARD. MAKE RIGHT ONTO OAKLAND AVE. TAKE SOUT TO EUCLID ST MAKE A LEFT. LOTS ARE ON THE RIGHT.
Exterior
Waterfront no
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Schools
School District Detroit
Others
Tax ID W05I002754C5
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Find out why customers are choosing LPT Realty to meet their real estate needs