Check out this residential zoned vacant lot located a couple minutes from the expressway, Grosse Pointe, and the hospital. 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.
Property Type :
Vacant Land
Subdivision :
Park Drive No 4 (plats)
County :
Wayne
Style :
Vacant Land
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ByOwner last updated this listing 05/04/2024 @ 04:22
MLS: 590412983
LISTED BY: Erick Monzo , Keller Williams Realty-Great Lakes
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.
