18435 Lahser Rd Detroit, MI 48219

This vacant land is situated in the highly desired Old Redford neighborhood of Detroit, Michigan. The lot measures 85 ft x 119 ft x 85 ft x 120 ft, totaling approximately 0.23 acres. This land-based site presents an opportunity for various uses, and the Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of vacant land sites. Potential uses include urban agriculture, gardening, or beautification projects, whether for profit or community activation. Interested buyers should consult the DLBA's proposal guidelines for land-based sites and their Guide to Plot Plan, Site Design, and Maintenance. It is also recommended to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please 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.