2435 PERRY Street Active

Detroit,MI 48216

$ 28000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Sub Of Pt Of Stanton Farm (Plats)

MLS Listing ID 20240024650

Originating Board Realcomp II Ltd

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 74 x 105

Property Description

Incredible new infill development opportunity with unlimited potential. Located in the highly desired North Corktown neighborhood, the vacant land occupies a lot size of 74x105 feet and offers an opportunity to be part of the growth and excitement in this well-situated Detroit neighborhood. 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 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

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Residential

Direction N. of I-94, E. of 17th

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 100003001

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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