3094 17Th St Detroit, MI 48216

This vacant land lot in Detroit, Michigan, presents an investment opportunity. The property is being sold as a bundle with other lots. The location offers a short commute to local freeways and is situated minutes from Corktown. This land-based site is suitable for proposals supporting the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. Reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department is also recommended for additional neighborhood context. 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 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. The lot size is approximately 0.11 acres.