3409 TILLMAN Street Detroit, MI 48208

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Added: Apr 17, 2024 Updated: May 13 at 3:30AM Checked: Jul 23 at 3:06AM

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MLS# 20240024332

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Investment Insights

Based on property information with market context.

This commercial land, zoned B4, presents a build opportunity within walking distance of Corktown, the Social District, and the Ford Train Station. Interested buyers should consult the provided proposal guidelines for new build opportunities. It is recommended to review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The lot size is approximately 0.13 acres. 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.

Key Highlights

• Zoned B4 Commercial: Ideal for various business ventures.
• Prime Location: Walking distance to Corktown, Social District, and Ford Train Station.
• New Build Opportunity: Potential for customized development.

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FAQs

What type of property is this?

Commercial land - Commercial land for sale near Corktown and Ford Train Station.

Where is this commercial land located?

The property is located at 3409 TILLMAN Street Detroit, MI.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Zoned B4 Commercial: Ideal for various business ventures.; Prime Location: Walking distance to Corktown, Social District, and Ford Train Station.; New Build Opportunity: Potential for customized development.