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$71,164
20261009675 MLS
This property is zoned R3.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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 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. BATVAI. Please see attached documents for DLBA guidelines.

8647 Schaefer, Detroit

Courtesy of RCH Brokerage Legacy Inc 2484402268
$18,000
20250022815 MLS
This newest listing is offered by the Detroit Land Bank. This vacant residential lot offers the perfect blank canvas for you to bring your vision to life. Whether you're dreaming of building your custom home or making an investment in the future, this lot is your gateway to possibility. Ideally located just minutes from the vibrant energy of Downtown Detroit, you'll enjoy easy access to the city's entertainment, dining, and cultural scenes while still savoring the charm of the Islandview neighborhood. Don’t miss out on this opportunity to create something truly special! This lot is on 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 our 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. 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.

14630 Southfield Fwy, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000