12416 GREENLAWN Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240080328
Lot Size 5,227 Sqft
Property Description
This is a land-based site. Property is zoned R1.Bundled with vacant lot 12406 Greenlawn. Totaling= 9846 sqft. Not sold separately. 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. BATVAI
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Exterior
View Y/N No
Others
Acceptable Financing Cash
Listing Terms Cash