Residential Land for Sale in Detroit, Michigan
227 Belmont St Detroit, MI 48202
Welcome to the latest offering from the Detroit Land Bank Authority. 3 buildable lots in the Greater Northend "Gateway" community. Sale includes, 219 and 231 Belmont for approximately 13,000 sqft of buildable area. This area is subject to guidelines of the neighborhood study to help bolster inclusive projects and diverse community participation. .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
Directions
Woodward south to calvert go east to belmont go south
Location
- Street Address
- 227 Belmont St
- County
- Wayne County
- Community
- Moore Hodges & Warrens Sub (Plats)
- School District
- Detroit
- Elevation
- 633 feet
Property details
- Zoning
- Residential
- MLS Number
- REALCOMP 20240060322
- Date Posted
Parcels
- 01003261.
Legal description
N BELMONT E 15 FT 33 W 20 FT 35 MOORE, HODGES & WARRENS L14 P13 PLATS, W C R 1/126 35 X 125
Detailed attributes
Listing
- Type
- Land
- Franchise
- Real Estate One
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Aug 27, 2024 | New listing | $19,220 | — | REALCOMP |