5361 Mitchell St Detroit, MI 48211

This land-based site presents a great opportunity in Detroit's Poletown Community, encompassing three lots with addresses 5361, 5347, and 5357 Mitchell. The total price for the 0.07-acre site is $17,250. The Detroit Land Bank Authority (DLBA) seeks proposals to support the activation and stewardship of these vacant land sites, encouraging urban agriculture, gardening, or beautification projects for profit or community activation. Interested buyers should consult the DLBA's proposal guidelines for land-based sites and their Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. Please note that 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.