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2005 POPLAR Street Detroit, MI 48208
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240003629
Originating Board Realcomp
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30 x 82
Property Description
2 vacant land parcels in CORE CITY! Total of 0.12 acres. 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 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. LOTS WILL NOT BE SOLD SEPARATELY. Addresses are: 2005 Poplar & 2007 Poplar. Total of 0.12 acres. Bundle price is $7,000
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction grand river/buchannan
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 08001087.001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams Realty-Great Lakes