Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. Please note that the Detroit Land bank Authority 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
1330 days
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5
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1
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Zillow last checked:
Listing updated:
Listed by:
Gene Kelley II248-723-0055,
Real Estate One-Southfield248-723-0055,
Patricia A Phillips248-723-0059,
Real Estate One-Southfield
Source: Realcomp II,MLS#: 20221069880
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 1
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 4,791 Square Feet
Dimensions: 40.00 x 125.00
Details
Parcel number: W21I029888S
Zoning description: Residential
Special conditions: Government Owned,Short Sale No