Located in Detroit's Martin Park area. This lot is sold with 16844 Log Cabin. Both lots total= 18,189 sqft. Not sold separately. 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 DLBA 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 (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND. BATVAI
General Information
Sale Price: $20,000
Price/SqFt:
Status: Active
MLS#: rcomi20240006113
City: highland park
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: log cabin heights sub (plats)
Acres: 0.07
Lot Dimensions: 30 x 100
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: E LOG CABIN 51 LOG CABIN HEIGHTS SUB L31 P52 PLATS, W C R 8/171 30 X 100
