Welcome to the latest offering from the Detroit Land Bank Authority. Prime lot located in North Corktown ready for development. 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
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
Property Details
Price:
$48,263
MLS #:
20230052403
Status:
Active
Beds:
0
Baths:
0
Address:
2927 ROSA PARKS BLVD
Type:
Land
Subtype:
Unimproved Land
Subdivision:
CABACIER FARM SUB PLAT OF SUB PT BLK 4 PC 227
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
Jun 29, 2023
State:
MI
ZIP:
48216
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Exterior
Financial
Map
Community
- Address2927 ROSA PARKS BLVD Detroit MI
- SubdivisionCABACIER FARM SUB PLAT OF SUB PT BLK 4 PC 227
- CityDetroit
- CountyWayne
- Zip Code48216
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