New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 4 lots are included in the sale, 5131, 5125, 5137, 5143 Bangor, totaling 24,485 square feet. The total price for all lots are $88,000. Sale contingent on buyer/seller executed development agreement. 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 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.
502 days
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Zillow last checked:
Listing updated:
Listed by:
Natasha C Richards248-274-6614,
Bellabay Realty Tri Counties248-274-6614
Source: Realcomp II,MLS#: 20250022284
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 4,791 Square Feet
Dimensions: 30 x 158
Details
Parcel number: 14010525.
Zoning description: Residential
Special conditions: Government Owned,Short Sale No