12603 Northlawn Street
Detroit, MI 48238

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Description

This is a land-based site. This property is sold with 12600 Cherrylawn. Totaling= 9,219 sqft. Not sold separately. Zoned R2. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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: 48238
• School District: Detroit
• Lot Size: 4356 sq ft lot
• Directions: TAKE WYOMING HEADED SOUTH PASS THE JEFFRIES FREEWAY. MAKE LEFT ONTO FULLERTON. PROPERTY ON LEFT SIDE AT NORTHLAWN
• List Price Acre: 75000
• Lot Size Area: 0.1
• Lot Size Square Feet: 4356
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 16032505.
• Road Frontage: 43
• Street Type: Paved
• Tax Legal Description: W NORTHLAWN 563 GREENFIELD PARK SUB NO 4 L36 P36 PLATS, W C R 16/243 43 X 105