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$30,000
2081 Virginia Park St, Detroit, MI 48206
0 Beds
0 Baths
n/a SqFt

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Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 Detroits Planning and Development Department for additional context about the neighborhood. Please note that 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 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 abatement on the purchase and development financing.
  • Price:
  • $30,000
  • Acreage:
  • 0.37
  • Listing ID #:
  • 20221032747
  • Street Address:
  • 2081 Virginia Park St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48206
  • County:
  • Wayne
  • Community:
  • Det: Livernois-I75 6-Gd River
  • Subdivision:
  • Mc Gregors (plats)
  • Listing Status:
  • Active
  • Listing Type:
  • Vacant Land
School District: Detroit
  • Conforms To Zoning:
  • Residential
  • Road Frontage:
  • 120
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 38
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • Existing Water:
  • Public (municipal)
  • Sewage Type:
  • Public Sewer (sewer-Sanitary)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders FARMHILL

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