0.07 Acres of Residential Land for Sale in Detroit, Michigan
4414 25th St, Detroit, MI 48208
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 9 lots are included in the sale, 4420, 4426, 4432, 4438, 4444, 4450, 4456, 4462 25th. Sale contingent on buyer/seller executed development agreement. 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 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.
Directions
Warren to Street, South.
Property details
- County
- Wayne County
- Community
- Grosfield & Schultes Sub of Lots 528 & 529
- Zoning
- Multi-Family, Residential
- Elevation
- 604 feet
- MLS Number
- REALCOMP 20240024449
- Date Listed
Legal description
E 25TH 8 GROSFIELD & SCHULTES SUB L10 P89 PLATS, W C R 12/150 30 X 100
Parcels
- W12I009291S
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 27, 2024 | New listing | $10,000 | — | GRAR |