2700 HURON Street Detroit, MI 48216

This offering comprises a bundle of eight lots, including 2701, 2711, and 2721 Vermont, 2708, 2718, and 2724 Huron, and 2030 Spruce, situated in Detroit, MI. The combined area of all eight lots totals 24,201 square feet. These lots are not available for individual purchase. Zoned R2, this presents a significant opportunity for infill housing development. 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 demonstrates 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 that are 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 will be determined upon reviewing the development financing. Additional DLBA requirements are detailed in the attached documents. Proposals should be submitted through the Google Doc application, accessible via the link provided in the attachments. Each lot is 0.05 acres.