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9,583 Sqft Lot
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Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261087266
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type ImprovedLand
Property Description
Excellent development opportunity in Detroit's historic Virginia Park neighborhood! This 9,591 SF (approximately 0.22-acre) vacant parcel features approximately 66 feet of frontage by 145 feet of depth, is zoned SD1 (Special Development District), and has clear title. Conveniently located near The Congregation and Boston Edison Neighborhood, this parcel offers an opportunity for new development in a growing community. Bring your proposals demonstrating the highest and best use! The Detroit Land Bank Authority (DLBA) encourages qualified developers and investors to submit proposals that maximize the site's potential and complement the surrounding neighborhood. Applicants must submit a detailed development proposal, scope of work, site plan, proof of relevant development experience, and proof of funds sufficient to cover both acquisition and development costs. DLBA Disclosure: The DLBA is entitled to a tax capture for five (5) tax years following the transfer of ownership, which may conflict with available tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require a payment in lieu of taxes (PILOT). All proposals are subject to DLBA review and required approvals. Property is sold as-is. Buyers are responsible for verifying zoning, permitted uses, and development feasibility.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Catina Willis of Next Level Realty & Investments
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