Check out this residential zoned vacant lot located close to the expressway. This lot is ready for you to build your dream home or income generating property. Brought to you by the Detroit Land Bank. 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.
General Information
Sale Price: $5,000
Price/SqFt:
Status: Active
MLS#: rcomi20240040990
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: dailey park sub (plats)
Acres: 0.36
Lot Dimensions: 26 x 597
Size:
Acreage: 0.36 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: S RIDGEWOOD 238 DAILEY PARK SUB L29 P80 PLATS, W C R 16/185 25.6 IRREG
