0.1 Acres of Residential Land for Sale in Detroit, Michigan

571 E Edsel Frd, Detroit, MI 48202

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$130,000
0.1 acres
Active sale agoEst $1,386/mo

New Build Opportunity! 9 lots included in the sale include 571 E. Edsel Ford Fwy, 587 Edsel. Ford Fwy, 581 E. Ford Fwy, 5923 St. Antoine, 590 Harper, 580 Harper, 574 Harper, 566 Harper, 556 Harper. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS

Directions

N. of I-94, E. of Brush

Property details

Coordinates
42.3673, -83.0624
Community
Ferry & Lysters Sub (plats)
Zoning
Residential
Elevation
633 feet
MLS Number
GRAR 24000638
Date Listed

Legal description

Parcels

  • 03001683.

This 0.1-acre property is located at 571 E Edsel Frd in Detroit, MI 48202 with latitude 42.3673 and longitude -83.0624. The property is currently available for sale for $130,000 with a price per acre of $1,300,000. Listing data is sourced from Grand Rapids Association of Realtors # 24000638.

Verify sale details at the property source or contact BellaBay Realty Tri-Counties at (248) 274-6614.

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Listing checked and updated . Parcel data by Regrid.

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