5285 Lenox Street, Detroit, MI 48213
Two buildable lots are offered in the Chandler Park area, with the sale also including 5277 Lenox.
Property Features for 5285 Lenox Street
General Information
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Investment Insights
Based on property information with market context.
The properties are located at 5285 Lenox Street in Detroit, Michigan. Prospective purchasers should note the Detroit Land Bank Authority’s stated entitlement to a tax capture for the five tax years subsequent to transferring ownership. The remarks also indicate the tax capture may be incompatible with certain tax abatements and/or lot combinations, and that DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes, determined based on the development pro forma and the effect of any tax abatements.
Specific zoning, frontage, utility availability, and development terms beyond the tax capture guidance are not provided in the source materials.
Key Highlights
- Two buildable lots in the Chandler Park area
- Sale includes 5277 Lenox
- Combined buildable space totals approximately 7,000 sq ft
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48213, MI