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Size: 0.23 Acres

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Real Estate Only - Detroit, MI

Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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 abatements and lot combinations 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 abatements on the purchase and development financing.

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Source:First Street

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Source: ListHub, MLS# 20240071558
Listing status: Active
Listing last updated: January 1, 2026 at 2:07 AM
Listing last checked: January 12, 2026 at 9:30 PM
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