$30,000
For Sale

7316 W WARREN AVENUE

Detroit, MI 48210
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

GREAT LOCATION COMMERCIAL LOT FOR SALE - Bring your idea to life!!! This land is located minutes away from Dearborn, Downtown Detroit, Corktown, and Mexicantown! Lot size is 130.00X100.00. All offers need to include a plot plan showing how the buyer intends to activate the site. Please refer to the attached Plot Plan Instructions and DLBA proposal guidelines. Also, 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 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. Payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Other
      • MLS #20240024660

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00