0.08 Acres of Residential Land for Sale in Detroit, Michigan
4293 16th St, Detroit, MI 48208
Welcome to the latest offering from the Detroit Land Bank authority. Vacant buildable lot in the Cork Town area. 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
I-94 e to W. Grand river ave go south to Buchanan, go west to 16th st
Property details
- County
- Wayne County
- Community
- Sub of PC 44 (Also PG 3) (Deeds)
- Zoning
- Residential
- Elevation
- 610 feet
- MLS Number
- REALCOMP 20230021685
- Date Listed
Legal description
W 16TH S 29 FT 481 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 29 X 119.88A
Parcels
- W10I006361S
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- Real Estate One
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 23, 2023 | New listing | $20,415 | — | REALCOMP |