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$35,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
10/22/2024 10:03 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240079403
Originating Board Realcomp
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 118 x 55
Property Description
Welcome to the latest offering from the Detroit Land Bank authority. 10 lots in the Brightmoor area ready for your land based/agricultural project. Bring your design ideas and help beautify a long neglected part of the city. Sale includes 12895, 12887 and 12907 stout. In addition to 12914, 12922, 12930, 12900, 12886 and 12936 fielding. A total of over 54,000 sqft. to work with. This is a land-based site. 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 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 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction I. 96 e to davison, take davison to fielding, go south
Exterior
View Y/N No
Others
Tax ID 221024445
Acceptable Financing Cash
Listing Terms Cash
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Listed by Real Estate One-Southfield
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