16211 SCHAEFER Pending

Detroit,MI 48235

$ 12511

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Monnier-College Park (Plats)

MLS Listing ID 20240044851

Originating Board Realcomp II Ltd

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 107x100

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. Over 10,000 sqft of vacant land available for you to build your next multiunit dwelling. Flanked by other residential offerings we are sure that you will find a suitable use for this space.
The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.

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.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Residential

Direction 7 mile east to schaefer go south just before puritan.

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Tax ID W22I030715S000

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash,Quit Claims Deed

Listing Terms Cash,Quit Claims Deed

Financing Cash,Quit Claims Deed

View More
Favorite Go Tour