REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 55,000
Est. payment | /mo
4,791 Sqft Lot
$ 55,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20221069880
Originating Board Realcomp
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 125.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction gratiot south to Linnhurst go west to Pelkey go South
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W21I029888S
Acceptable Financing Cash
Listing Terms Cash
Listed by Real Estate One-Southfield
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