14006 SOUTHFIELD Freeway Detroit, MI 48223

This offering includes vacant residential lots at 14006 and 14014 Southfield Fwy in Detroit, MI. The lots, zoned for residential use, present a unique opportunity for development. 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 proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The Detroit Land Bank also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The combined lot size is 0.15 acres. Located minutes from Downtown Detroit, the property provides access to entertainment, dining, and cultural hotspots, while also offering the charm and growth of the Islandview neighborhood. The Detroit Land Bank 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 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.