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$15,000
20240059649 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This commercial vacant lot is located in the Islandview neighborhood. Great blank space for you to imagine and create your future business endeaver. Located minutes from the hustle and bustle of Downtown Detroit. This lot is on The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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. 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.

3520 MOUNT ELLIOTT Street, Detroit
$85,000
20240058320 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This bundle includes addresses: 3443 Beals, 3453 Beals, 3447 Beals, 3471 Beals, 3465 Beals, 3459 Beals, and 3479 Beals. These residential vacant lots are located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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. 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.

3443 BEALS Street, Detroit
$7,990
20240058094 MLS ⋅ ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This residential vacant lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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.

3424 MOUNT ELLIOTT Street, Detroit
$7,990
20240058086 MLS ⋅ ACTIVE Status
This newest infill listing development site is offered by the Detroit Land Bank. This residential vacant lot This lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. 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. determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

3254 CANTON Street, Detroit
$390,000
20240057846 MLS ⋅ ACTIVE Status
We are pleased to offer three packages of prime vacant land in the vibrant and historic Woodbridge neighborhood of Detroit, with options ranging from 0.78 acres to 3.78 acres ($500,000 per acre). Located along Grand River Avenue between Forest Avenue and Calumet Street, the land is adjacent to the new four-story $19.57-million development with 60 mixed-income residential units at 4401 Rosa Parks. It's ideally situated close to Downtown and Wayne State University. With its rich history dating back to the 1870s as a single-family home neighborhood and its expansion in the 1920s (adding large apartment buildings), Woodbridge offers a unique blend of historic charm and modern development. A potential purchaser could petition the city to acquire additional surrounding city-owned parcels and unvacated streets and alleyways.

4438 Grand River Avenue, Detroit
$115,000
20240050145 MLS ⋅ ACTIVE Status
Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood. Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.

7320 E LAFAYETTE Street, Detroit
$11,750
20240051247 MLS ⋅ ACTIVE Status
Vacant Land, Islandview, privately owned, adjacent to vacant land bank property.

2565 BALDWIN Street, Detroit
$75,000
20240050294 MLS ⋅ ACTIVE Status
Discover the perfect buildable lot in one of Detroit's most sought-after locations – Jefferson Chalmers. This prime piece of real estate is situated in a neighborhood renowned for its beautiful shoreline and historic homes, offering a unique blend of old-world charm and modern potential.Directly across the street, a $3 million per unit development is underway, highlighting the area's significant investment and rapid growth. This resurgence in Detroit is transforming Jefferson Chalmers into a hotspot for both residents and investors. The lot's proximity to the water provides a serene setting, while its location within the city ensures easy access to all the amenities and cultural attractions Detroit has to offer.This is a rare opportunity to secure a prime location in a thriving community. Please note: NO SELLER FINANCING, LAND CONTRACTS, OR SUBJECT TO OFFERS. All offers must be ALL CASH.Don't miss out on the chance to be part of Detroit's exciting revitalization in a neighborhood that perfectly balances historic charm with contemporary development potential. Contact us today to make this prime buildable lot yours!

264 LENOX Street, Detroit
$5,500
20240044293 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank Authority. 3 vacant parcels totaling approximately 4000 sq.ft of land just awaiting your newest development project. Sale includes 18617 and 18613 James Couzens. Zoned residential, follow guidelines in order to submit. 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 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.

18553 JAMES COUZENS, Detroit
$8,000
20240047510 MLS ⋅ ACTIVE Status
Investment Opportunity for infill residential development located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 8 adjacent lots 4444, 4402, 4410, 4418, 4424, 4428, 4434 & 4440 Grandy. Sale contingent on buyer/seller executed development agreement. 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 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.

4444 GRANDY Street, Detroit
$7,000
20240045088 MLS ⋅ ACTIVE Status
Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.

9585 IRIS Street, Detroit
$15,000
20240043873 MLS ⋅ ACTIVE Status
Check out this latest offering from the Detroit Land Bank Authority located in Mexicantown This lot is conveniently located near expressways making commutes to work or downtown easy. 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.

1231 24TH Street, Detroit
$34,000
20240043860 MLS ⋅ ACTIVE Status
Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This SIX lot bundle is conveniently located in Woodbridge neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 5202 STANTON, 5210 STANTON, 5218 STANTON, 5224 STANTON, 5232 STANTON AND 5240 STANTON AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $34,000.

5202 STANTON Street, Detroit
$18,500
20240043415 MLS ⋅ ACTIVE Status
Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This TWO lot bundle is conveniently located in Woodbridge neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 5201 STANTON AND 2524 MERRICK AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $18,500.00.

5201 STANTON Street, Detroit
$20,000
20240043084 MLS ⋅ ACTIVE Status
Great property for infill building located in the Jefferson Chalmers NEZ site. Bundled with 871 and 883 Manistique. The 3 lots total= 10,355 sqft. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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 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. Please see attached documents for DLBA requirements and offer submission information.

877 MANISTIQUE Street, Detroit
$10,000
20240040757 MLS ⋅ ACTIVE Status
Great opportunity to build in the city of Detroit. This lot is sold with 4416,4422, and 4410 Junction. Totaling 12,228 sqft. Not Sold separately. Zoned R2. 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 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 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.

4400 JUNCTION Street, Detroit
$35,000
20240040769 MLS ⋅ ACTIVE Status
This is a land-based site. This vacant lot is sold with 5054,5060, 5066, and 5074 Fernwood. Totaling= 47,720 sqft. Not sold separately. Zoned R3. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. 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. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 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.

5040 FERNWOOD Street, Detroit
$5,000
20240040990 MLS ⋅ ACTIVE Status
Check out this residential zoned vacant lot located close to the expressway. This lot is ready for you to build your dream home or income generating property. Brought to you by the Detroit Land Bank. 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.

5585 RIDGEWOOD Street, Detroit
$14,900
20240040984 MLS ⋅ ACTIVE Status
THIS BUNDLE INCLUDES 4822 SHERIDAN, 4834 SHERIDAN, 4830 SHERIDAN, AND 4816 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. 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.

4822 SHERIDAN Street, Detroit
$14,900
20240040931 MLS ⋅ ACTIVE Status
THIS BUNDLE INCLUDES 4804 SHERIDAN, 4798 SHERIDAN, 4792 SHERIDAN, AND 4810 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. 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.

4804 SHERIDAN Street, Detroit
$18,000
20240040544 MLS ⋅ ACTIVE Status
Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. 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.

14267 FORDHAM Street, Detroit
$64,000
20240040406 MLS ⋅ ACTIVE Status
Looking for that perfect land based project in the Nardin Park Community? You found it!! 8 lots to be sold together include 6502, 6508, 6514, 6522, 6528, 6540, 6544 & 6550 Hartford (Each lot is 30x120, 6540 Hartford 60x120, 6550 Hartford 30x122), must be sold together. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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.

6502 HARTFORD Street, Detroit
$20,000
20240026555 MLS ⋅ ACTIVE Status
THIS BUNDLE INCLUDES 2939 SHERIDAN, 2945 SHERIDAN, 2951 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Kerchaeval Avenue and E Grand Blvd in the Islandview neighborhood. This THREE lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy, 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.

2939 SHERIDAN Street, Detroit
$20,000
20240026515 MLS ⋅ ACTIVE Status
THIS BUNDLE INCLUDES 3432 BEALS, 3442 BEALS, 3448 BEALS, 3456 BEALS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000.00.Check out this latest offering from the Detroit Land Bank Authority located in the heart of Islandview neighborhood. This FOUR lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey academy. 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.

3432 BEALS Street, Detroit
$7,500
2200037048 MLS ⋅ ACTIVE Status
Great opportunity to build your dream home on this lot that includes Canal Access. Buyers must include a plan for this lot when submitting offer. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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.

908 MANISTIQUE, Detroit
$12,000
20240028568 MLS ⋅ ACTIVE Status
An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. This lot is sold in a bundle of 3 vacant lots with 2483 and 2495 Van Dyke. Totaling 9,817 sqft. Not sold separately. Zoned R2. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. 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. Please see attached documents for DLBA requirements and offer submission information.

2489 VAN DYKE Street, Detroit
$24,000
20240028506 MLS ⋅ ACTIVE Status
Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

2363 ELMHURST Street, Detroit
$25,000
20240027404 MLS ⋅ ACTIVE Status
This property is zoned R3.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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

11845 LA SALLE Boulevard, Detroit
$5,000
20240027094 MLS ⋅ ACTIVE Status
Vacant lot with amazing potential. Build your own home. The possibilities are endless. Progressive Area.

18699 CONCORD Street, Detroit
$8,500
20240024998 MLS ⋅ ACTIVE Status
Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! 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 Detroits Planning and Development Department for additional context about the neighborhood. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

3560 16TH Street, Detroit