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13131 E Warren Ave 0.2 Acres of Commercial Land Offered at $12,000 in Detroit, MI 48215
Investment Highlights
- Corner Lot
- Located next to Chandler Park
Executive Summary
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.
Property Facts
| Price | $12,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Property Type | Land | Parcel Number | 21-002702 |
| Zoning | B4 | ||
| Price | $12,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.20 AC |
| Zoning | B4 |
| Parcel Number | 21-002702 |
1 Lot Available
Lot
| Price | $12,000 | Lot Size | 0.20 AC |
| Price Per AC | $60,000.00 |
| Price | $12,000 |
| Price Per AC | $60,000.00 |
| Lot Size | 0.20 AC |
Previously developed lot, now vacant and paved with asphalt Corner lot near Chandler Park In the Fox Creek and Chandler Park residential neighborhoods Street Parking
Description
Previously developed lot, now vacant and paved with asphalt Corner lot near Chandler Park In the Fox Creek and Chandler Park residential neighborhoods Street Parking
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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Contact the Sale Advisor
13131 E Warren Ave