Vacant Commercial
8816 PURITAN St Detroit, MI 48238
New
8816 PURITAN St, Detroit, MI, 48238
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For Sale
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Vacant lot available for commercial development in a heavy-traffic area, subject to DLBA tax capture requirements.
Days on Market7
Property Features for 8816 PURITAN St
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Keller Williams Realty-Great Lakes
(586) 210-3350
Listed by
Erick Monzo
(586) 210-3350
Source
Elliman
Added: Jul 16 Updated: Jul 21 at 3:21PM Checked: Jul 22 at 11:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This listing offers a vacant commercial lot at 8816 Puritan St, Detroit, MI 48238, suitable for buyers looking to develop the site for their business use. The property is currently undeveloped and ready for a new concept.
The seller’s remarks indicate the area experiences heavy traffic. BikeScore is listed as 41 (Somewhat Bikeable), walkScore is 53 (Somewhat Walkable), and transitScore is 49 (Some Transit).
Please note the DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements that could otherwise be available to a selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes; the amount would be determined based on a development proforma and the effect of any tax abatement on purchase and development financing.
The seller’s remarks indicate the area experiences heavy traffic. BikeScore is listed as 41 (Somewhat Bikeable), walkScore is 53 (Somewhat Walkable), and transitScore is 49 (Some Transit).
Please note the DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements that could otherwise be available to a selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes; the amount would be determined based on a development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant lot available for commercial development in a heavy‑traffic area
- DLBA is entitled to a tax capture for the 5 tax years after transferring ownership
- DLBA tax capture may be incompatible with tax abatements available to the purchaser
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Vacant lot available for commercial development in a heavy-traffic area, subject to DLBA tax capture requirements.
Where is this commercial land located?
The property is located at 8816 PURITAN 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: Vacant lot available for commercial development in a heavy‑traffic area; DLBA is entitled to a tax capture for the 5 tax years after transferring ownership; DLBA tax capture may be incompatible with tax abatements available to the purchaser
