2417 W Edsel Ford
Detroit, MI 48208

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Description

Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements 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: Mary E Armstrong (Plats)
• School District: Detroit
• Lot Size: 5227 sq ft lot
• Directions: S. of W. Edsel Ford, W. of 14th
• List Price Acre: 841666.67
• Lot Size Area: 0.12
• Lot Size Square Feet: 5227
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W10I006313S
• Road Frontage: 30
• Tax Legal Description: W 16TH 45 N 18.04 FT OF W 59.25 FT 44 MARY E ARMSTRONGS SUB L6 P8 PLATS, W C R 10/48 30 IRREG