Great development opportunity includes the following: 1971, 1975, 1979, 1983 and E. Grand Blvd. The DLBA is looking for a thoughtful Land Based project for this site. Rehab the home and use the lots for a garden/farm or for someone to use the home as an accessory structure to the garden/farm such as a storage shed. All offers need to include a plot plan showing how the buyer intends to activate the site. Please refer to the attached Plot Plan instructions & DLBA proposal guidelines attached to the listing. 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 and abatement may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
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Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614
