Welcome to the latest offering from the Detroit land bank Authority. 2 buildable lots sold as a package. Over 6000 sqft. of land in order to build your forever home. 2534 W. Forest is also included in the sale. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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 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
General Information
Sale Price: $25,242
Price/SqFt:
Status: Active
MLS#: 20251023453
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stantons
Acres: 0.07
Lot Dimensions: 28X115
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: N FOREST E 22 FT 763 W 6 FT 762 STANTONS SUB L10 P16 PLATS, W C R 10/39 28 X 115
