7316 W Warren Avenue Detroit, MI 48210

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Source Homesforsaleinmich

Added: Apr 17, 2024 Updated: Jul 22 at 8:49AM Checked: Jul 22 at 8:49AM

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Investment Insights

Based on property information with market context.

This offering is a commercial development lot for sale, sized at 130 by 100. The seller requires that all offers include a plot plan showing how the buyer intends to activate the site, and references are provided for plot plan instructions and DLBA proposal guidelines.

The property is described as being minutes from Dearborn, Downtown Detroit, Corktown, and Mexicantown.

The Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatement that may otherwise be available, and DLBA will review requests to waive its tax capture rights, which may require a payment in lieu of taxes determined through review of the development pro forma and financing impacts. BATVAI.

Key Highlights

• Commercial lot for sale measuring 130 ft by 100 ft
• Plot plan required with all offers showing how the buyer intends to activate the site
• Property located minutes from Dearborn, Downtown Detroit, Corktown, and Mexicantown

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FAQs

What type of property is this?

Commercial land - 130-by-100 commercial lot available for purchase, with plot plan required to show intended site activation.

Where is this commercial land located?

The property is located at 7316 W Warren Avenue Detroit, MI.

What is the asking price?

The asking price for this property is $30,000.

What are key features of this property?

This property features: Commercial lot for sale measuring 130 ft by 100 ft; Plot plan required with all offers showing how the buyer intends to activate the site; Property located minutes from Dearborn, Downtown Detroit, Corktown, and Mexicantown