12796 STRASBURG Street Detroit, MI 48205

Listing office Keller Williams Realty-Great Lakes e***@monzogroup.com Show Phone

Listing date Oct 24, 2023

Source Exitrealty

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Investment Insights

Based on property information with market context.

These adjacent lots are located right off of Gratiot. The Detroit Land Bank presents this property as a bundle with 12804 and 12808 Strasburg. They must be purchased together. The total listing price for the bundle is $3000. Please note that the 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.

Key Highlights

• Bundle includes three adjacent lots (12804, 12806, and 12808 Strasburg).
• Located directly off Gratiot.
• Property is offered by The Detroit Land Bank.

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FAQs

What type of property is this?

Land - Adjacent lots off Gratiot, sold as a bundle.

Where is this land located?

The property is located at 12796 STRASBURG Street Detroit, MI.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Bundle includes three adjacent lots (12804, 12806, and 12808 Strasburg).; Located directly off Gratiot.; Property is offered by The Detroit Land Bank.