945 E EUCLID Street Detroit, MI 48211

This residential land, sold with 939 and 957 Euclid, totals 14,637 square feet. The site is located in the Greater Downtown- North End Planning Study area and is also within the Oakland/Clay NEZ, offering opportunities for new builds and rehabilitation. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development, aiming to increase housing supply and restore the urban fabric, density, and walkability. Interested buyers should consult DLBA 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. Note that the DLBA is entitled to a tax capture for the 5 tax years following the property ownership transfer. This tax capture may be incompatible with other available 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 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 0.13 acres.