1830 W Grand Blvd Detroit, MI 48208

This offering includes five lots totaling 25,888 square feet, located in Detroit, MI. The lots, which include 1832, 1840 W Grand Blvd, and 3934, 3940 Moore Pl, are being sold together and will not be sold separately. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and enhance density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. All offers must be supported by Proof of Funds that meet or exceed development costs. 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 other tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission information. The lot size is approximately 0.12 acres.