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Natasha C Richards
Bellabay Realty Tri Counties
248-274-6614
Incredible new infill development opportunity with unlimited potential. Located in the highly desired North Corktown neighborhood, the vacant land occupies a lot size of 74x105 feet and offers an opportunity to be part of the growth and excitement in this well-situated Detroit neighborhood. 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 our 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. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing
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Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Lot Size: 0.18
Lot Dimensions: 74 x 105
Frontage Feet: 74
Subdivision: SUB OF PT OF STANTON FARM (PLATS)
Financing: Cash
Original List Price: $35,000
Possession: At Close
Legal Description: S PERRY E 74 FT 390 ALSO PT OF LOTS 389 & 388 BG N 80.94 FT ON E LINE & N 36.45 FT ON W LINE OF E 74 FT THE SUB OF PT OF STANTON FARM L1 P157 PLATS, W C R 10/30 74 IRREG
Parcel Number: 100003001
At Close
Legal Description: Section: S PERRY E 74 FT 390 ALSO PT OF LOTS 389 & 388 BG N 80.94 FT ON E LINE & N 36.45 FT ON W LINE OF E 74 FT THE SUB OF PT OF STANTON FARM L1 P157 PLATS, W C R 10/30 74 IRREG
Road Frontage: Paved
School District: Detroit
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1536 Temple , Detroit, MI,48216 | $18,000 | -- | -- | -- | 0.07 Acre |
2845 Standish Street , Detroit, MI,48216 | $45,000 | -- | -- | -- | 0.41 Acre |
2287 Cochrane Street , Detroit, MI,48216 | $150,000 | -- | -- | -- | 0.05 Acre |
3009 Cochrane Street , Detroit, MI,48216 | $49,000 | -- | -- | -- | 0.07 Acre |
2927 Rosa Parks Bouleva.., Detroit, MI,48216 | $48,263 | -- | -- | -- | 0.22 Acre |
1534 Trumbull Street , Detroit, MI,48216 | $1,100,000 | 2 | 2 | 2,050 | 0.07 Acre |
423 W Grand Boulevard , Detroit, MI,48216 | $500,000 | 8 | 4 | 4,202 | 0.14 Acre |
1503 1515 1519 Sainte A.., Detroit, MI,48216 | $269,900 | 2 | 1 | 950 | 0.16 Acre |
2435 Perry Street, Detroit, MI,48216 | $35,000 | -- | -- | -- | 0.18 Acre |
2876 Tillman Street, Detroit, MI,48216 | $50,000 | -- | -- | -- | 0.06 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 05/04/2024 @ 10:17
MLS: 605438960
LISTED BY: Natasha C Richards , Bellabay Realty Tri Counties
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.