2496 PARKER Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48214
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hugo Scherers Sub (Plats)
MLS Listing ID 20240058631
Originating Board Realcomp II Ltd
Annual Tax Amount $1,083
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 29.00 x 110.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This Islandview infill lot size is 29x110. 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
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Residential
Direction N. of Vernor, E. of Van Dyke
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W17I008771S
Ownership Government Owned,Short Sale - No
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash
Financing Cash