3604 SAINT AUBIN Street Detroit, MI 48207

This property is part of a five-lot bundle, including 3610, 3620, 3628, and 3640 St. Aubin, totaling 21,760 square feet. The properties are not sold separately. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development, with the aim of increasing housing supply and restoring the urban fabric, density, and walkability. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. 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 the effect of any tax abatement on the purchase and development financing. Refer to the attached documents for DLBA requirements and offer submission information. The lot size is 0.14 acres.