MLS # 2210075180 (Realcomp)

The DLBA is seeking a development proposal for the vacant commercial property on Warren. Development proposals could be for parking, new build commercial, or greenspace’. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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 Please see attached documents for DLBA requirements.
Source: SparkMLS
Listed at $12,000.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
N WARREN E 721 THRU 724 JEFFERSON PARK LAND CO LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 89 X 100
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Leonard A Pickett
RCH Brokerage Legacy Inc
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
13131 E WARREN Avenue, Detroit, MI 48215
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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