14006 SOUTHFIELD Freeway, Detroit, MI 48223

This offering includes addresses 14006 Southfield Fwy and 14014 Southfield Fwy, consisting of vacant residential lots. These lots present an opportunity for building custom homes or investing in future development. The location is minutes from Downtown Detroit, providing access to entertainment, dining, and cultural venues, while also being situated in the Islandview neighborhood. The Detroit Land Bank is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. Reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department is also recommended for additional context about the neighborhood. The Detroit Land Bank 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. The Detroit Land Bank will review requests to waive its tax capture rights and may require a payment instead 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. The lot size is 0.15 acres.