Thank you
Gene Kelley Ii
Real Estate One-Southfield
248-723-0055
Welcome to the latest offering from the Detroit land Bank authority. over 37,000 sq ft of commercial space waiting for your development ideas located in the Franklin Park subdivision. 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 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 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
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Sewer: Sewer at Street
Water at Street
Lot Size: 0.86
Lot Dimensions: 228.00 x 164.00
Subdivision: EMERSON PARK (PLATS)
Financing: Cash,Quit Claims Deed
Original List Price: $35,651
Possession: At Close
Legal Description: N E WEAVER 162 THRU 169 203 THRU 207 AND VAC ALLEYS ADJ EMERSON PARK SUB L55 P45 PLATS, W C R 22/322 37,434.41 SQ FT
Parcel Number: W22I068254S002L
At Close
Legal Description: Section: N E WEAVER 162 THRU 169 203 THRU 207 AND VAC ALLEYS ADJ EMERSON PARK SUB L55 P45 PLATS, W C R 22/322 37,434.41 SQ FT
Road Frontage: Paved
School District: Detroit
Water:Water at Street
Sewer:Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
8891 Braile Street , Detroit, MI,48228 | $70,000 | 3 | 1.5 | 954 | 0.12 Acre |
6530 Ashton Avenue , Detroit, MI,48228 | $74,900 | 2 | 1 | 696 | 0.12 Acre |
9106 Winthrop , Detroit, MI,48228 | $33,000 | 2 | 1 | 740 | 0.08 Acre |
12800 W Chicago Street , Detroit, MI,48228 | $3,000 | -- | -- | -- | 0.25 Acre |
8647 Schaefer , Detroit, MI,48228 | $71,164 | -- | -- | -- | 0.82 Acre |
9639 Minock Street , Detroit, MI,48228 | $30,000 | 3 | 1 | 1,154 | 0.14 Acre |
7317 Penrod Street , Detroit, MI,48228 | $4,800 | -- | -- | -- | 0.12 Acre |
7265 Stout Street , Detroit, MI,48228 | $79,999 | 3 | 1 | 768 | 0.1 Acre |
11641 Glastonbury Avenue , Detroit, MI,48228 | $56,000 | 4 | 1 | 1,407 | 0.11 Acre |
8862 Evergreen Avenue , Detroit, MI,48228 | $49,990 | 2 | 1 | 900 | 0.07 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/09/2024 @ 00:12
MLS: 600735780
LISTED BY: Gene Kelley II , Real Estate One-Southfield
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.