New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 4 lots are included in the sale, 5131, 5125, 5137, 5143 Bangor, totaling 24,485 square feet. The total price for all lots are $88,000. Sale contingent on buyer/seller executed development agreement. 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 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.
Property Details
Price:
$88,000
MLS #:
20250023932
Status:
Active
Beds:
0
Baths:
0
Address:
5137 BANGOR ST
Type:
Land
Subtype:
Unimproved Land
Subdivision:
DANIEL SCOTTENS SUB PLATS
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
Apr 8, 2025
State:
MI
ZIP:
48210
Lot Size:
4,792 sqft / 0.11 acres (approx)
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
- Address5137 BANGOR ST Detroit MI
- SubdivisionDANIEL SCOTTENS SUB (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48210
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