4200 Lawton Street
Detroit, MI 48208

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Description

This vacant lot is bundled with 4228,4210,4216,4222,4234,4240, and 4250 Lawton. A total of 8 lots. Not sold separately. Totaling= 26,869 sqft. 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 abatement 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 abatement on the purchase and development financing.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48208
• Subdivision/Neighborhood: Currys Sub Of O L 7 Of Sub Of R C Pc 729 (Plats)
• School District: Detroit
• Lot Size: 3485 sq ft lot
• Directions: Take Martin Luther King Jr Blvd headed west pass 14th St. Make right onto Lawton
• List Price Acre: 937500
• Lot Size Area: 0.08
• Lot Size Square Feet: 3485
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 10008577.
• Road Frontage: 30
• Tax Legal Description: E LAWTON 33 CURRYS SUB L17 P52 PLATS, W C R 10/156 30.45 IRREG