3927 BEACONSFIELD Street Detroit, MI 48224

This vacant land opportunity includes multiple parcels: 3905, 3945, 3945, 3967, 3959, 3951, 3935, 3919, 3927, and 3911 Beaconsfield, located in Detroit, MI 48224. The land is being offered as a land-based site. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of these vacant land sites, with a focus on urban agriculture, gardening, or beautification projects, whether for profit or for community activation. Interested buyers are encouraged to consult the DLBA's proposal guidelines for land-based sites and their Guide to Plot Plan, Site Design, and Maintenance. Additionally, reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department is recommended to gain additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing.