19925 SCHAEFER Highway Active

Detroit,MI 48235 1541

$ 2500

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60229469

Style Vacant Land

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 68 x 134

Property Description

Build your dream home on this large vacant lot that features a circular driveway as well as 68 frontage feet. Close by Schools, parks, and expressway. 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 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 and development financing.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Exterior

Waterfront No

Building

Water Public Water at Street

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

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