Welcome to the latest offering from the Detroit Land Bank Authority. 6 Buildable lots waiting for your development ideas. Located just a stones throw from New Center Area, this sale includes 2541 Edsel Ford, 5286, 5282, 5278,and 5274 Linwood. The DLBA is seeking proposals that for small- to medium-scale infill… Read More 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.A;A;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. A;A; Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Real Estate One-Southfield.
Listing Snapshot
Days Online
602
Last Updated
Property Type
Vacant Land
Lot Size
0.14 Acres
MLS Number
20230083451
30 Days Snapshot Of 48208
$552k
+109%
(avg) sold price
3
-25%
homes sold
76
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Water Features
Water at Street
Lot
Lot size area: 0.14, Lot size dimensions: 41 x 152
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer at Street
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