Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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: $6,500
Price/SqFt:
Status: Active
MLS#: 20221069872
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: kroliks shooting park
Acres: 0.08
Lot Dimensions: 30 x 120
Size:
Acreage: 0.08 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: E BELVIDERE 32 KROLIKS SHOOTING PARK SUB L18 P79 PLATS, W C R 19/79 30 X 120
