Plot For Rent In Detroit, Michigan

This listing was posted on ListedBuy.

$4,000

Plot For Rent In Detroit, Michigan

Price:

$4,000

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Location:

Detroit, MI

Description:

Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots ready for development in the Brightmoor community Rent includes: 14611, 14619 14625 and 14633. 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 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 For more details: /land-lots_detroit-d523358/for-sale_i62869604. Get the best price at ListedBuy!

Property Type:

Industrial Property for Rent

Posted:

on ListedBuy