Vacant Land in Airport
8840 VAN DYKE St Detroit, MI 48213
New
8840 VAN DYKE St, Detroit, MI, 48213
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For Sale
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Commercial vacant lot offered by the Detroit Land Bank, suitable for proposals including urban agriculture or beautification.
Days on Market7
Property Features for 8840 VAN DYKE 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 12:27PM Checked: Jul 22 at 10:59AM
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 offering is a commercial vacant lot listed by the Detroit Land Bank. The DLBA 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. Prospective buyers should review the DLBA’s proposal guidelines for land-based sites and its Guide to Plot Plan, Site Design, and Maintenance before submitting.
The property is located in the Airport Subarea, and the remarks note it is minutes from Downtown Detroit. BikeScore is listed as 48 (Somewhat Bikeable), walkScore as 26 (Car-Dependent), and transitScore as 52 (Good Transit).
Please note the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The remarks also state that tax capture may be incompatible with tax abatements otherwise available to a selected purchaser, and the DLBA will review requests to waive tax capture rights, which may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatement.
The property is located in the Airport Subarea, and the remarks note it is minutes from Downtown Detroit. BikeScore is listed as 48 (Somewhat Bikeable), walkScore as 26 (Car-Dependent), and transitScore as 52 (Good Transit).
Please note the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The remarks also state that tax capture may be incompatible with tax abatements otherwise available to a selected purchaser, and the DLBA will review requests to waive tax capture rights, which may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatement.
Key Highlights
- Commercial vacant lot in the Airport Sub offered by the Detroit Land Bank
- Suitable for proposals to activate vacant land, including urban agriculture, gardening, or beautification
- DLBA will review requests to waive its tax capture for the 5 tax years after ownership transfer
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial vacant lot offered by the Detroit Land Bank, suitable for proposals including urban agriculture or beautification.
Where is this commercial land located?
The property is located at 8840 VAN DYKE 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: Commercial vacant lot in the Airport Sub offered by the Detroit Land Bank; Suitable for proposals to activate vacant land, including urban agriculture, gardening, or beautification; DLBA will review requests to waive its tax capture for the 5 tax years after ownership transfer
