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$ 10,000
Est. payment | /mo
5,662 Sqft Lot
$ 10,000
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240072664
Originating Board Realcomp
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 41.00 x 134.00
Property Description
This is a land-based site. This property is sold with 10094 Rosemont Totaling= sqft. Not sold separately. Zoned R1. 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 DLBA 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. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Take Plymouth headed west pass Southfield Fwy. Make left onto Rosemont property on left side. Across form the park.
Exterior
Waterfront No
View Y/N No
Others
Tax ID W22I076293S
Acceptable Financing Cash
Listing Terms Cash
Listed by RCH Brokerage Legacy Inc