GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT. THIS LOT SOLD IN BUNDLE WITH 2139 VERNOR AND 2147 VERNOR= $41,400. NOT SOLD SEPARATELY. A BUYER MUST SUBMIT A PROPOSAL TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF, PRE-APP LETTER ,OR A NEW CONSTRUCTION LOAN OF THE PROPERTY. PROJECTS WILL REQUIRE APPROVAL OF THE DESIGN REVIEW FROM THE CITY OF DETROIT. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. BATVI. PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS. PROPSALS SHOULD BE SUBMITTED THROUGH GOOGLE DOC APPLICATION. USE THE LINK ON THE ATTACHMENTS.
Property Type :
Vacant Land
Subdivision :
Flatterys
County :
Wayne
Style :
Vacant Land
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ByOwner last updated this listing 05/03/2024 @ 13:02
MLS: 543416370
LISTED BY: Leonard A Pickett III , RCH Brokerage Legacy Inc
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1,000
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.
