2151-2181 CONCORD Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48207
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mills Sub No 3 (Plats)
MLS Listing ID 20221060843
Lot Size 0.600 Acres
Property Description
Vacant Land. 6-parcel bundle in the Islandview neighborhood. This is a residential infill development site with R2 zoning. Addresses included in sale: 2151, 2163, 2165, 2175, 2181 Concord. 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 our 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Residential
Exterior
Pool No
Waterfront no
Building
Sewer Sewer at Street
Water Water at Street
Schools
School District Detroit
Others
Acceptable Financing Cash,Quit Claims Deed
Listing Terms Cash,Quit Claims Deed