$50,000
Detroit, MI 48214
MLS# 24005668
1 / 7
Property Description
Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). 5 lots include 3021, 3027, 3011, 3017, 3035 Beals. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLIMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 &
Details
Maps
None
Current Price: $50,000
Location & Property Info
County: Wayne
Street #: 3021
Street Name: Beals
Suffix: Street
State: MI
Zip Code: 48214
Cross Streets: Mack & Van Dyke
Area: Wayne County - 100
Municipality: Detroit City
Ownership Type: Government Owned
Office/Contract Info
Status: Active
List Price: $50,000
Auction or For Sale: For Sale
List Price/Acre: 714285.71
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: Other
Listing Date: 2024-02-01
General Property Info
Property Sub-Type: Lot
Lot Measurement: Acres
Lot Square Footage: 3049
Lot Acres: 0.07
Lot Dimensions: 30x102
Road Frontage: 30
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 17010472.
Zoning: R2
Remarks & Misc
Directions: South of Mack, West of Van Dyke
Legal: W BEALS 24 HUGO SCHERERS SUB L22 P57 PLATS, W C R 17/226 30 X 100
Waterfront Options
Water Access Y/N: No
Property Features
Util Avail at Street: Electric; Natural Gas; Public Sewer; Public Water
Utilities Attached: None
Terms Available: Cash
Sale Conditions: Other
Supplements
MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO
APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.
Listing Office: BellaBay Realty Tri-Counties
Listing Agent: Natasha Talley
Last Updated: February - 02 - 2024
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