13131 E WARREN Avenue Active

Detroit,MI 48215

$ 15000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Jefferson Park Land Co Ltd No 1 (Plats)

MLS Listing ID 2210075180

Lot Size 8,712 Sqft

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 Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial

Exterior

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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