Map
Listed price in listed location currency (USD).
$17,500

000

MLS® 20230045754

Overview

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage 
Taxes 
Days Active 1149
Lot Size 0.27 Acres
Approx. Age 
MLS® Number 20230045754

Property Address: 885 E Grand Blvd, Detroit, MI, 48207-1964

Average square foot calculated using Size range provided by listing agent.

Description

Property zoned as R5. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.
MLS® Number20230045754
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

747 days

Today, For Sale for $17,500

For Sale · 1160 days

$17,500

MLS® 20230045754

3 years ago

Not Sold Yet

July 2024, For Sale for $23,658

For Sale · 747 days

$23,658

MLS® 20230045754

2 years ago

Not Sold Yet

June 2023, For Sale for $17,500

For Sale · 1160 days

$17,500

MLS® 20230045754

3 years ago

Not Sold Yet

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties