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MLS# 20221053051
Active $34,000
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Great property for infill building located in Detroit’s Piety Hill neighborhood. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity Henry Ford Hospital.Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.
School District: Detroit County: Wayne Status: Active Listing Type: Vacant Land
Sewer: Public Sewer (Sewer-Sanitary) Directions: TAKE WOODWARD HEADED SOUTH PASS CHICAGO BLVD MAKE RIGHT ONTO PHILADELPHIA
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IDX provided courtesy of Realcomp II Ltd, by Leonard A Pickett III via RCH Brokerage Legacy Inc and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
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