5
See all 5 photos
$4,000
Est. payment /mo
3,484 Sqft Lot
Active
15778 SOUTHFIELD Freeway Detroit, MI 48223 1361
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60285854
Style Vacant Land
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 26 x 133
Property Sub-Type Vacant Land
Property Description
This is a land-based site. Sold with 15774 Southfield Rd. Totaling= 6,999 sqft. These two properties zoned R2 and are located in the Greenfield-Puritan Neighborhood Enterprise Zone (NEZ). 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 DLBA proposal guidelines for land-based sites and our 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA 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. See attached documents for DLBA requirements and offer submission info.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RCH Brokerage Legacy Inc