90 Blaine St Detroit, MI 48202

This vacant lot, located in Detroit's Piety Hill neighborhood, offers an opportunity for residential development. The lot measures 50 x 118, presenting a suitable space for constructing a new property. The Detroit Land Bank Authority (DLBA) is encouraging proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability in the area. Interested buyers are advised to consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. It should be noted 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 consider 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. The lot size is approximately 0.14 acres.