An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. Zoned R2. Please 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. Please see attached documents for DLBA requirements and offer submission information.
General Information
Sale Price: $4,000
Price/SqFt:
Status: Active
MLS#: 20240028534
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: aberle zug & devogelaers sub bet wtrloo & chrlvoi
Acres: 0.09
Lot Dimensions: 30 x 127
Size:
Acreage: 0.09 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: E BALDWIN 26 ABERLE ZUG & DE VOGELAERS SUB L25 P19 PLATS, W C R 17/230 30 X 126.51A
