Detroit MI Real Estate & Land For Sale

Welcome to the latest offering from the Detroit Land Bank Authority. 8 vacant lots for infill development. Located in the McDougall-Hunt neighborhood 2662,2668,2674,2680,2686,2692,and 2700 Hendricks are included in the sale. Bring your design ideas and your shovels. 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 our 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. 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

Welcome to the latest offering from the Detroit Land Bank Authority. 8 vacant lots for infill development. Located in the McDougall-Hunt neighborhood 2662,2668,2674,2680,2686,2692,and 2700 Hendricks are included in the sale. Bring your design ideas and your shovels. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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

Vacant Land. 6-parcel bundle in the Islandview neighborhood. This is a residential infill development site with R2 zoning. Addresses included in sale: 2151, 2163, 2165, 2175, 2181 Concord. 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 our 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 for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.

Vacant Land. 6-parcel bundle in the Islandview neighborhood. This is a residential infill development site with R2 zoning. Addresses included in sale: 2151, 2163, 2165, 2175, 2181 Concord. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.

Just over a quarter of an acre of vacant land in Islandview. Zoning is M3 1248 Bellevue included in the sale.

Well located vacant lot in up and coming Islandview. Zoned M3 Industrial. Package deal available with other parcels. Minutes from Belle Isle, Downtown Detroit, West Village.

Well located vacant lot in up and coming Islandview. Zoned M3 Industrial. Package deal available with other parcels. Minutes from Belle Isle, Downtown Detroit, West Village.

Well located vacant lot in up and coming Islandview. Zoned M3 Industrial. Package deal available with other parcels. Minutes from Belle Isle, downtown Detroit, West Village.

Strategically located vacant lot in up and coming Islandview. Package deal available with other parcels. Minutes from Belle Isle, Indian Village, Jefferson Corridor.

Well located vacant lot in up and coming Islandview. Zoned M3 Industrial. Package deal available with other parcels. Minutes from Belle Isle, downtown Detroit, West Village.

Strategically located vacant lot in up and coming Islandview. Package deal available with other parcels. Minutes from Belle Isle, Indian Village, Jefferson Corridor.

Beautiful slice of land on Detroit's up and coming lower east side. Package deal available with other parcels. Superb location near Belle Isle, West Village, Downtown Detroit.

Beautiful slice of land on Detroit's up and coming lower east side. Package deal available with other parcels. Superb location near Belle Isle, Islandview, West Village.

Beautiful slice of land on Detroit's up and coming lower east side. Package deal available with other parcels. Superb location near Belle Isle, West Village, Downtown Detroit.

Beautiful slice of land on Detroit's up and coming lower east side. Package deal available with other parcels. Superb location near Belle Isle, Islandview, West Village.

Just over a quarter of an acre of vacant land in Islandview. Zoning is M3 1248 Bellevue included in the sale.