3967 Beaconsfield St Detroit, MI 48224

This offering comprises a bundle of vacant land parcels located on Beaconsfield Street in Detroit, MI. Specifically, the parcels are located at 3905, 3945, 3945, 3967, 3959, 3951, 3935, 3919, 3927, and 3911 Beaconsfield. The total purchase price for all parcels is $36,000. The land is zoned for residential use. With a combined lot size of approximately 0.1 acres, this land-based site presents opportunities for activation and stewardship through urban agriculture, gardening, or beautification projects, whether for profit or community activation. Interested buyers should consult the 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 context about the neighborhood. Please note that the Detroit Land Bank Authority (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.