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9039 3rd Street
Detroit, MI 48202

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Property Details


List Price: $18,713
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Real Estate One

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Description/Comments


Lot Size: --
Property Type: Lots And Land
Year Built: --
Notes: Welcome to the latest offering from the Detroit Land Bank Authority. 5 buildable lots just waiting for your development ideas. Sale includes: 819 and 815 Clairmount. Also includes 9035 and 9031 Third. `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.<br /> 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
MlsNumber: 20230101188


Listing Provided By: Real Estate One, original listing
Name: Real Estate One
Phone: (248) 304-6700
Office Name: Real Estate One-Southfield
Office Phone: (248) 723-0055
Agent Name: Gene Kelley II
Disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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