This home is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank
This is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted
At 710 m from Frederick Douglass Academy for Young Men
This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x151.56. Interested buyers should consult our 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. Please 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 a
Zoned B4, Commercial build opportunity within walking distance from Corktown, Social District, and Ford Train Station! Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Please 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
At 576 m from Frederick Douglass Academy for Young Men
Welcome to the latest offering from the Detroit Land Bank authority. Vacant buildable lot in the Cork Town area. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood 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 w
At 886 m from Frederick Douglass Academy for Young Men
This vacant lot is bundled with 4256, 4266, 4274, 4280 Lawton, and 2761, 2753, 2747, 2765 Buchanan.A total of 9 lots. Not sold separately. Totaling=54, 835 sqft. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood
At 570 m from Frederick Douglass Academy for Young Men
Woodbridge Turnkey Development Opportunity! Arise Woodbridge is a 10-townhome development project located at the corner of Trumbull and Lysander. Trumbull Avenue offers great amenities and the site proximity from Midtown and Wayne State university is very attractive to potential condo buyers. Located on a corner lot, the project site is also very visible from traffic up and down Trumbull avenue. Perfect for a new developer or a GC, the project is ready to go with construction drawings, condo docs, and NEZ certificates. This unique townhome concept by CH Architects blends nicely in the historic Woodbridge neighborhood while offering a modern design, attractive to condo buyers. The project has been engineered with the help of the expert development team at Berkshire Hathaway The Loft Warehouse and comes with a complete marketing package, including branding, logo, visual identity, website and marketing assets. Land includes 3 parcels: 4515 Trumbull (08005871), 4503 Trumbull (08005872) and
At 360 m from Frederick Douglass Academy for Young Men
Vacant Land located in the Woodbridge neighborhood. Addresses included in subject listing are: 5173 Wabash, 5167 Wabash, 5159 Wabash. Lots are each approximately.14 acres each. Total purchase price is $39, 900. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Please 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 li
At 692 m from Frederick Douglass Academy for Young Men
Looking for a new build infill opportunity in Cork town? Sale includes 4 lots that cannot be sold separately, 5286 Stanton, 5278 Stanton, 5268 Stanton and 5260 Stanton. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT, OWN), HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS and JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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
At 601 m from Frederick Douglass Academy for Young Men
2 vacant land parcels in CORE CITY! Total of 0.12 acres. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Please 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 purcha
At 834 m from Vista's Nuevas Headstart Gasper Fiore Center
School
At 865 m from Covenant House Academy
Welcome to the latest offering from the Detroit land Bank authority. 3 Vacant lots in the Chadsey/Condon area ready for infill development. Sale includes 3257 and 3249 Vinewood. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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
At 644 m from Frederick Douglass Academy for Young Men
Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This TWO lot bundle is conveniently located in Woodbridge neighborhood near expressways making commutes to work or downtown easy. Please 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. THIS BUNDLE INCLUDES 5201 STANTON AND 2524 MERRICK AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $18, 500.00
4 pictures
Land
USD 25,000
viewed
Detroit
7 mi from Ferndale
School
At 854 m from Detroit Collegiate Preparatory Academy at Northwestern
At 854 m from Detroit Collegiate Preparatory Academy at Northwestern
School
At 638 m from Sampson Weber Acaemy
Zoned 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 Detroits 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 an
Great residential infill opportunity that includes two parcels; 5964 and 5976 Wabash, located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The total price for all lots are $28, 000. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 se
At 262 m from Frederick Douglass Academy for Young Men
Sold in a bundle with 5001 Wabash, 5069 Wabash, and 2125 Putnam totaling 12, 223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan w/ POF or Pre-approval letter or 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
At 986 m from University Preparatory Academy Elementary School – Ellen Thompson Campus
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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood 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 de
At 659 m from Frederick Douglass Academy for Young Men
Residential infill development opportunity in Core City. The addresses included in the sale are: 3970 and 3980 14th Street. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood
At 391 m from Frederick Douglass Academy for Young Men
Prime Investment opportunity located in one of Detroit's fastest developing communities. 3 Parcels for sale, 4454, 4450 and 4466 15th St. to be sold together and cannot be separated. The DLBA is looking for development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood Bring your plans and be part of Detroit's Revitalization. Located near Midtown, Wayne State University, Motor City Casino, Michigan Central Station Project Development, and many nearby restaurants and entertainment options. This growing and vibrant community is located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. The DLBA is entitled to a
At 895 m from Frederick Douglass Academy for Young Men
Great residential infill opportunity close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 paymen
At 638 m from Frederick Douglass Academy for Young Men
Bundled w/ 1946 Alexandrine, 4108, 4116, 4124 Vermont=135k. Not Sold Separately. Building should define space in meaningful way. It should be designed to complement community. Provide a diverse residential stock and density at a variety of procedure of price points, ownership types (i.e rent, own), housing types. Densities shall support opportunities for neighborhood commercial investments and jobs creation, stimulating growth in local economy. 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 and 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 abatement on the purchase and development financing. Please see attached docs to submit
At 955 m from Frederick Douglass Academy for Young Men
HIGHLY SOUGHT-AFTER NEIGHBORHOOD! THE PROPERTY IS CLOSE TO TRAIN STATION, DOWNTOWN, MIDTOWN, NEW CENTER WHERE HENRY FORD HOSPITAL IS EXPANDING and CORKTOWN WHERE FORD MOTOR CO IS EXPANDING - CORE NEIGHBORHOOD IS RAPIDLY BECOMING REVITALIZED!
At 889 m from Frederick Douglass Academy for Young Men
Corner residential infill development opportunity on.34 acres in Core City. The addresses included in sale are: 4202 and 4210 Humboldt. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood
At 923 m from Frederick Douglass Academy for Young Men
Great residential infill opportunity that includes two parcels; 5740 and 5734 Wabash, located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The total price for all lots are $22.000. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 sel
At 252 m from Frederick Douglass Academy for Young Men
Sold in a bundle with 5001 Wabash, 2119 Putnam, and 2125 Putnam totaling 12, 223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan w/ POF or Pre-approval letter or 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
3 pictures
Land
USD 12,000
viewed
Detroit
8 mi from Ferndale
School
At 996 m from West Side Academy of Information Technology and Cyber Security
At 996 m from West Side Academy of Information Technology and Cyber Security
Nursery School
At 963 m from Vista's Nuevas Headstart Gasper Fiore Center
School
At 930 m from Catherine Ferguson Academy
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. Sale includes 3363 and 3369 Roosevelt. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and develo
At 715 m from Frederick Douglass Academy for Young Men
This vacant lot is bundled with 3984, 3990, 3996, and 4002 16th. A total of 5 lots. Not sold separately. Totaling= 16, 663 sqft. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be d
At 412 m from Frederick Douglass Academy for Young Men
Great building opportunity in the Woodbridge neighborhood! Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. 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 that are otherwise available to the selected purcha
Welcome to the latest offering from the Detroit Land bank authority. Vacant lot in Historic North Corktown area. This is a residential infill development site. The DLBA is seeking proposals that are 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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/
At 857 m from Frederick Douglass Academy for Young Men
Corner residential infill development opportunity in Core City. The addresses included in the sale are: 3991, 3997 and 4005 18th Street. 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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood
At 864 m from Vista's Nuevas Headstart Gasper Fiore Center
School
At 660 m from Covenant House Academy
Great opportunity for infill housing development. This lot sold in bundle with 3309 and 3315 Roosevelt. Not sold separately. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development and financing plan with POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments