19925 Schaefer Hwy Detroit, MI 48235  | Land/Lot
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$2,500

19925 Schaefer Hwy Detroit, MI 48235
0
Bathrooms
9,147
sqft
Land/Lot
Property Type
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Special Offer:

(If you do not have an agent and work directly with the listing agent)

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About This Home

Build your dream home on this large vacant lot that features a circular driveway as well as 68 frontage feet. Close by Schools, parks, and expressway. The DLBA is seeking proposals that 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 Detroita??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.

Location

19925 Schaefer Hwy Detroit, MI 48235

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Listing Agent

Erick Monzo

Erick Monzo

The Monzo Group

(1504 reviews)
Avg Price Sold$181.8K
Years Experience7
Total Transactions4772