6014 Malcolm St Detroit, MI 48213

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

Listed by Natasha C Richards · License #6502385914 Show Phone

Source Elliman

Added: May 14 Checked: Jul 17 at 3:41 am

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Investment Insights

Based on property information with market context.

This is an infill opportunity in a redeveloping area. The sale includes 6014, 6008, and 6002 Malcolm, and they are not sold separately. Interested buyers should consult proposal guidelines for new build opportunities. The Detroit Land Bank Authority (DLBA) recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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. The bike score is 52, indicating bikeable conditions. The walk score is 32, indicating car-dependent conditions. The transit score is 45, indicating some transit options.

Key Highlights

• Infill opportunity in a redeveloping area.
• Sale includes three adjacent properties: 6014, 6008, and 6002 Malcolm.
• Opportunity for new construction.

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FAQs

What type of property is this?

Land - Fantastic infill opportunity in Detroit's redeveloping area.

Where is this land located?

The property is located at 6014 Malcolm St 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: Infill opportunity in a redeveloping area.; Sale includes three adjacent properties: 6014, 6008, and 6002 Malcolm.; Opportunity for new construction.