$2,500 for Sale

19925 schaefer highway, detroit, MI 48235

Property Description
Build your dream home on this large vacant lot that features a circular driveway as well as 68 frontage feet. Close by Schools, parks, and expressway. 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 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.
General Information
Sale Price: $2,500
Price/SqFt:
Status: Active
MLS#: 20230048440
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: manhattan city park
Acres: 0.21
Lot Dimensions: 68 x 134
Size:
Acreage: 0.21 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  W SCHAEFER HWY 49 THRU 51 AND E 8 FT VAC ALLEY ADJ AND N 8 FT VAC ALLEY ADJ MANHATTAN CITY PARK L39 P28 PLATS, W C R 22/216 68 IRREG


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
(810) 240-9004 Call Art Artrip for more information about this property.

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