15778 SOUTHFIELD Freeway Active

Detroit,MI 48223

$ 4000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision The J P Miller

MLS Listing ID 20240005620

Lot Size 3,484 Sqft

Property Description

This is a land-based site. Sold with 15774 Southfield Rd. Totaling= 6,999 sqft. These two properties zoned R2 and are located in the Greenfield-Puritan Neighborhood Enterprise Zone (NEZ). 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 DLBA 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. 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.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Zoning Residential

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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