2527 DUBOIS Detroit, MI 48207

This property presents a great opportunity for infill housing development. It is being sold as part of a bundle of five lots, including 2533 Dubois, 2537 Dubois, 2166 Hendricks, and 2160 Hendricks, and will not be sold separately. The lot is located in Detroit, MI 48207, Wayne County. Prospective buyers are required to submit a purchase proposal that includes construction plans or precedent architectural images of the proposed development, along with a financing plan that provides proof of funds, a pre-approval letter, or a new construction loan for the property. Projects will require design review approval from the City of Detroit. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. The Detroit Land Bank Authority (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 upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. Proposals should be submitted through the Google Doc application using the link provided in the attached documents for DLBA requirements. The lot size is 0.03 acres.