1408 LANSING Detroit, MI 48209
- Added:
- Feb 19, 2021
- Days on Market:
- 1867
- Last Refresh:
- Apr 1 at 2:06 pm
Property Features for 1408 LANSING
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W16I009705S
- Lot size
- 0.13 Acres
Building Details
- Architectural style
- Other
Listing agent Leonard A Pickett III (248) 440-2268
Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI (248) 440-2268
Listing date Feb 19, 2021
MLS# 2210010609
Listing URL
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Overview
Detroit Vacant Land For Sale
This property is ideal for infill building and is being sold with two vacant lots located at 1414 Lansing and 4612 Porter. Prospective buyers are required to submit a purchase application that includes construction plans or precedent architectural images of the proposed development, along with a financing plan that provides proof of funds or a pre-approval letter for a new-construction loan. It is important to note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The property is zoned for residential use and has a lot size of 0.13 acres. Please refer to the attached documents for DLBA requirements and offer submission information.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0953719
- Latitude
- 42.3157046
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Vacant land suitable for infill building in Detroit, Michigan.
Where is this land located?
The property is located at 1408 LANSING Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Includes two vacant lots (1414 Lansing and 4612 Porter) for infill building.; Opportunity for new construction development.; Property is sold by the Detroit Land Bank Authority (DLBA).
