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$10,000
4400 Mitchell, Detroit, MI 48207
0 Beds
0 Baths
n/a sqft

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This lot is sold w/ 6 adjacent lots 4408,4416,4424,4428, 4434,4440 Mitchell. The DLBA is looking for a thoughtful Land Based Project for this site. A Land Based Project uses land for urban agriculture, gardening, beautification, other productive uses, whether for profit or as a community based activity. Offers need to include a plot plan showing how the buyer intends to activate the site. Refer to the attached Plot Plan Instructions and DLBA proposal guidelines 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 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. BATVAI
  • Price:
  • $10,000
  • Acreage:
  • 0.07
  • Listing ID #:
  • 2210010510
  • Street Address:
  • 4400 Mitchell
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48207
  • County:
  • Wayne
  • Community:
  • Det: 6-Mack I75-Conner
  • Subdivision:
  • Monnig & Wurzebergers
  • Listing Status:
  • Active
  • Listing Type:
  • Vacant Land
  • Conforms To Zoning:
  • Residential
  • Road Frontage:
  • 32
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 240
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • Existing Water:
  • Municipal Water
  • Sewage Type:
  • 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. Rch Brokerage Legacy Inc
  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2021 Realcomp II Ltd. Shareholders FARMHILL

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