8840 Van Dyke Street
Detroit, MI 48213

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Description

This newest listing is offered by the Detroit Land Bank. This commercial vacant lot is located in the Airport Sub. Great blank space for you to imagine and create your future business endeaver. Located minutes from the hustle and bustle of Downtown Detroit. This lot is on 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 our 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. Please note that 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 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: 48213
• School District: Detroit
• Lot Size: 6534 sq ft lot
• Directions: North of I-94, East side of Van Dyke
• List Price Acre: 133333.33
• Lot Size Area: 0.15
• Lot Size Square Feet: 6534
• Lot Size Units: Acres
• Main Type: Land
• Parcel Number: 17009539.
• Road Frontage: 83
• Street Type: Paved
• Tax Legal Description: E VAN DYKE 3 THRU 6 EXC VAN DYKE AVE AS WIDENED WEBER & MARTINS SUB L35 P52 PLATS, W C R 17/442 83.44 X 80