15401 HAZELTON Street Detroit, MI 48223

This land-based site consists of fifteen lots sold together, located on Hazelton Street in Detroit, MI. The combined area of the lots totals 77,214 sqft. The individual property identified as 15401 HAZELTON Street has a lot size of 0.11 acres. The properties included in this sale are 15409, 15417, 15423, 15431, 15437, 15445, 15459, 15471, 15479, 15487, 15495, 15503, 15513, and 15519 Hazelton. The zoning for these properties is R1. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of these vacant land sites, including options such as urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult DLBA proposal guidelines for land-based sites and their 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. Note that the DLBA 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 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.