13500 PATTON Street Detroit, MI 48223

This offering includes vacant residential lots at 13500 Patton, 13503 Fielding, 13508 Patton, and 13516 Patton in Detroit, MI. The lots present an opportunity for building custom homes or investing in future development. The location provides access to Downtown Detroit's entertainment, dining, and cultural venues. The Detroit Land Bank 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 the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. Reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department is also recommended for additional context about the neighborhood. The Detroit Land Bank is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatement that are otherwise available to the selected purchaser. The 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. The total lot size is 0.08 acres.