15310 Lasalle St Detroit, MI 48238
- Land
Current Use by Public Records
- Land
Property Details for 15310 Lasalle St
- Property type
- Land
Description
This exceptional 0.2-acre commercial land parcel, located at 15310 LaSalle St, Detroit, MI 48238, presents a unique opportunity for infill development. Zoned B4, this property aligns perfectly with the Detroit Land Bank Authority's (DLBA) initiative to increase housing supply and enhance urban fabric through small- to medium-scale projects. Prospective buyers are encouraged to review the DLBA's proposal guidelines for new build opportunities and consult the City of Detroit's Planning and Development Department's Neighborhood Framework Plans for comprehensive neighborhood context. All offers must include proof of funds sufficient to cover development costs. It's crucial to note that the DLBA retains tax capture rights for five years post-ownership transfer, potentially impacting the availability of other tax abatements. The DLBA may consider waiving these rights, potentially requiring a payment in lieu of taxes, determined by a review of the development proforma and any tax abatement's effect on financing. Detailed DLBA requirements and offer submission information are available in attached documents. The property is sold as-is, where-is. Buyers are responsible for conducting their own due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1245
- Latitude
- 42.4032
