Infill Warehouse
8421 Mount Elliott Street Detroit, MI 48211
8421 Mount Elliott Street, Detroit, MI, 48211
$35,000
For Sale
$35,000
For sale warehouse property in Detroit’s North End, with buyer guidance tied to new-build and neighborhood framework planning.
Days on Market827
Property Features for 8421 Mount Elliott Street
General Information
- Standard status
- Active
- Property subtype
- Commercial Lots & Land
Listing agency
Bellabay Realty Tri Counties
(248) 274-6614
Listed by
Natasha C Richards · License #6502385914
(248) 274-6614
Source
Homesforsaleinmich
Added: Apr 17, 2024 Updated: Jul 21 at 2:55AM Checked: Jul 22 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This for-sale warehouse property offers an infill development opportunity in Detroit’s North End neighborhood. Public remarks indicate buyers interested in new build opportunities should review the proposal guidelines provided by the seller.
Additional guidance in the public remarks directs buyers to review relevant neighborhood framework plans from the City of Detroit’s Planning and Development Department for additional context about the area. The remarks also reference a DLBA entitlement to a tax capture for the five tax years following transfer of ownership, noting that the tax capture may be incompatible with certain tax abatements available to the selected purchaser. The payment amount is described as dependent on review of the development pro forma and the effect of any tax abatements on purchase and development financing.
Additional guidance in the public remarks directs buyers to review relevant neighborhood framework plans from the City of Detroit’s Planning and Development Department for additional context about the area. The remarks also reference a DLBA entitlement to a tax capture for the five tax years following transfer of ownership, noting that the tax capture may be incompatible with certain tax abatements available to the selected purchaser. The payment amount is described as dependent on review of the development pro forma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Warehouse property for sale in Detroit’s North End neighborhood
- Buyer guidance is tied to new‑build proposal guidelines
- DLBA recommends reviewing City of Detroit neighborhood framework plans for additional context
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Warehouse - For sale warehouse property in Detroit’s North End, with buyer guidance tied to new-build and neighborhood framework planning.
Where is this warehouse located?
The property is located at 8421 Mount Elliott Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Warehouse property for sale in Detroit’s North End neighborhood; Buyer guidance is tied to new‑build proposal guidelines; DLBA recommends reviewing City of Detroit neighborhood framework plans for additional context
