12603 Northlawn Street, Detroit, MI 48238

Property Description

This is a land-based site. This property is sold with 12600 Cherrylawn. Totaling= 9,219 sqft. Not sold separately. Zoned R2. 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 DLBA 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. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 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.

Listing Status:

Active

Date Added:

October 7, 2024 at 05:00AM

Listing Office:

RCH Brokerage Legacy Inc : 248-440-2268

Listing Agent:

Leonard Pickett : 313-510-7887

MLS ID:

60345300

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W NORTHLAWN 563 GREENFIELD PARK SUB NO 4 L36 P36 PLATSW C R 16/243 43 X 105

Utilities

• Water: Public

Financial

• Source: MiRealSource

This listing courtesy of Leonard Pickett, RCH Brokerage Legacy Inc