2790 25th Street
Detroit, MI 48216

More
Photos »

Tools & Resources:

Description

7 lots offered for residential build opportunities to be sold together and cannot be seperated. Sale includes 2776, 2784, 2790, 2796, 2800, 2808, and 2814 25th St.. Situated in close proximity to Corktown, soon to come Alumnifi Soccer Field and downtown Detroit, making it an attractive investment for the right buyer. 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 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: 48216
• School District: Detroit
• Lot Size: 3049 sq ft lot
• Directions: S. of Michigan Ave., W. of I-96
• List Price Acre: 1200000
• Lot Size Area: 0.07
• Lot Size Square Feet: 3049.2
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W12I009202S
• Road Frontage: 30
• Street Type: Paved
• Tax Legal Description: E 25TH 48 B BRISCOES SUB L3 P56 PLATS, WCR 12/41 30 X 105