Description
This is a land-based project site. The DLBA wants to seek land-based uses (urban agriculture, community garden, etc.) Barham South Parcels (8) vacant lots including addresses 3615,3607,3599,3591,3585,3581, 3573,3569 offered by Detroit Land Bank Authority. 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 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.
Location
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6 Beds
15 Baths
20,064 Sq ft
$9,850,000
MLS# 20221032511
ACTIVE
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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 29th May, 2023 10:07 PM (UTC)
Listing Agent: Trina Ellis
Listing Office: Real Estate One-Southfield