$12,000 for Sale
13131 e warren, detroit, MI 48215
Property Description
The DLBA is seeking a development proposal for the vacant commercial property on Warren. Development proposals could be for parking, new build commercial, or greenspace’. 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 request 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 Please see attached documents for DLBA requirements.
General Information
Sale Price: $12,000
Price/SqFt:
Status: Active
MLS#: rcomi40229962
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: jefferson park land co ltd no 1 (plats)
Acres: 0.2
Lot Dimensions: 89.00X100.00
Size:
Acreage: 0.2 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Information provided by East Central Association of REALTORS
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Listing By: Leonard Pickett of RCH Brokerage Legacy Inc, Phone: 248-440-2268