13500 PATTON Street, Detroit, MI 48223

Listing Description

This Bundle includes addresses: 13500 Patton, 13503 Fielding, 13508 Patton, and 13516 Patton . This incredible offering from the Detroit Land Bank includes several vacant residential lots, providing a unique opportunity to bring your vision to life. Whether you’re looking to build custom homes or invest in future development, these spacious lots offer endless possibilities. Located just minutes from the vibrant Downtown Detroit, you’ll have easy access to the city's entertainment, dining, and cultural hotspots, all while enjoying the charm and growth of the Islandview neighborhood. Don't miss this chance to create something extraordinary! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 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.

Source: SparkMLS

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