Welcome to the latest offering from the Detroit Land Bank Authority.
5 buildable lots located in the highly sought after Islandview subdivision. 3040, 3046,3052, 3058 Beals included in the sale.
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.
This site is open to all proposals, building or non building.
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
5 buildable lots located in the highly sought after Islandview subdivision. 3040, 3046,3052, 3058 Beals included in the sale.
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.
This site is open to all proposals, building or non building.
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:
$25,321
MLS #:
20230101184
Status:
Active
Beds:
0
Baths:
0
Address:
3066 BEALS ST
Type:
Land
Subtype:
Unimproved Land
Subdivision:
SCHERERS HUGO SUB SLY OF O L 47
Neighborhood:
05053 – Det Woodward-Mcclellan/So Mack
City:
Detroit
Listed Date:
Dec 6, 2023
State:
MI
ZIP:
48214
Lot Size:
3,920 sqft / 0.09 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
- Address3066 BEALS ST Detroit MI
- SubdivisionSCHERERS HUGO SUB SLY OF O L 47
- CityDetroit
- CountyWayne
- Zip Code48214
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