13131 E WARREN Avenue Active

Detroit,MI 48215 2016

$ 12000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 40229962

Style Vacant Land

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 Detroit (82001)

Zoning Commercial

Building

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

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