3063 Seyburn Street
Detroit, MI 48214

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Description

An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. 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. BATVAI 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. See attached documents for DLBA requirements and offer submission information.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48214
• Subdivision/Neighborhood: Aberle Zug & Devogelaers Sub (Plats)
• School District: Detroit
• Lot Size: 3485 sq ft lot
• Directions: Take Mack Ave headed east. Pass E Grand Blvd make right onto Seyburn.
• List Price Acre: 62500
• 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: W17I010907S
• Tax Legal Description: W SEYBURN 28 ABERLE ZUG & DE VOGELAERS SUB L26 P78 PLATS, W C R 17/231 35.67 IRREG