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3,049 Sqft Lot
UPDATED:
10/28/2024 02:38 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Log Cabin Heights Sub (Plats)
MLS Listing ID 20230032856
Originating Board Realcomp II Ltd
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 x 99
Property Description
Vacant Land located in the highly desired Martin Park neighborhood. Lot size is 30 ft x 99 ft. Addresses included in subject listing are: 16815, 16801, 16825, 16809, 16821. Total sales price is $25,000. 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 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.
Please 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.
Location
State MI
County Wayne
Area Highland Park
Zoning Residential
Direction W McNichols Rd/Hamilton Ave
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 08009566.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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©2024 Realcomp II Ltd. Shareholders
Listed by Erick Monzo of Keller Williams Realty-Great Lakes
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