13131 E Warren Avenue
Detroit, MI 48215

Tools & Resources:

Description

The DLBA is seeking a development proposal for the vacant commercial property on Warren. Development proposals could be for parking, new build commercial, or greenspace'. 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 request 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. BATVAI Please see attached documents for DLBA requirements.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48215
• School District: Detroit
• Lot Size: 8712 sq ft lot
• Directions: TAKE WOODWARD HEADING EAST PASS DICKERSON
• List Price Acre: 60000
• Lot Size Area: 0.2
• Lot Size Square Feet: 8712
• Lot Size Units: Acres
• Main Type: Land
• Parcel Number: W21I002702S
• Road Frontage: 89
• Street Type: Paved
• Tax Legal Description: N WARREN E 721 THRU 724 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 89 X 100