Discover a prime development opportunity in the heart of a rapidly growing area. Sale includes 12834 and 12828 Dwyer for a total of $34,900 and cannot be sold separately. This parcel is ideally zoned R2, making it perfect for your next development project. The Detroit Land Bank is actively seeking… Read More proposals for townhomes, duplexes, fourplexes, or multifamily buildings - taking full advantage of the flexible R2 zoning that offers endless possibilities in a community-focused area poised for growth. Don't miss this exceptional opportunity! 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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Bellabay Realty Tri Counties.
Listing Snapshot
Days Online
202
Last Updated
Property Type
Vacant Land
Lot Size
0.1 Acres
MLS Number
20251037195
30 Days Snapshot Of 48212
$112k
-24%
(avg) sold price
6
+50%
homes sold
63
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Water Features
Public (Municipal)
Lot
Lot size area: 0.10, Lot size dimensions: 35X120
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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