14006 Southfield Fwy Detroit, MI 48223

This bundle includes addresses 14006 and 14014 Southfield Fwy in Detroit, MI. This offering includes several vacant residential lots, presenting an opportunity for development. These spacious lots offer possibilities to build custom homes or invest in future development. Located minutes from Downtown Detroit, the lots provide access to the city's entertainment, dining, and cultural hotspots, while being situated in the Islandview neighborhood. The Detroit Land Bank Authority (DLBA) 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. 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. The DLBA 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. DLBA will review requests to waive its tax capture rights and may require a payment instead 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 0.15 acres and the zoning is residential.