219 Harmon Street, Detroit, MI 48202

This offering includes a vacant land parcel sold together with two additional lots at 225 and 231 Harmon Street, for a combined 10,845 square feet. The properties are being sold as a single package and are not offered separately. The land is zoned R3.

This opportunity is presented through the Detroit Land Bank Authority (DLBA) and is intended for small- to medium-scale infill development designed to increase housing supply and help restore the urban fabric, including density and walkability. The DLBA notes interested buyers should review its proposal guidelines and relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context. All offers must be supported by Proof of Funds that meet or exceed development costs.

For buyers or developers looking to pursue R3 residential infill, this package provides three adjacent lots to support new construction under the DLBA process. The DLBA also states it is entitled to a tax capture for the five tax years following transfer of ownership, which may be incompatible with other available tax abatements. DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes based on the development proforma and the effect of any tax abatement. Interested parties should review the attached DLBA requirements and offer submission instructions before proceeding.