13131 E WARREN, Detroit, Michigan 48215

$15,000
List Price
$15,000
Ownership
Government Owned, Short Sale - No
MLS#
2200008026
Status
ACTIVE
Subdivision
JEFFERSON PARK LAND CO LTD NO 1 (PLATS)

Property 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.

Additional Information

Zoning
Commercial
Acres
0.2
Acres
0.2
School District
Detroit

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RCH Brokerage Legacy Inc.

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