$4,500
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1502 Dragoon is a $4,500 property on a 0.20 acre lot located in Detroit, MI.
Vacant Land. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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/or lot combinations that are otherwise available to the selected purchaser. DLBA will to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.
Exterior Features | Roads - Paved Street |
Land Type | Zoning - Residential |
Water Source | Public Water at Street |
Sewer | Public At Street |
Property Type | Land |
Property Sub Type | Vacant Land |
Style Characteristics | For Sale |
HOA Fee | $0.00 |
Taxes | $0.00 |
County | wayne |
School District | detroit city school district |
Neighborhood | Daniel Scottens Resub (Plats) |
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Orgininating MLS shown on the property listing, and the Originating MLS.
The information published and dissemenated by the Origninating MLS is communitated verbatim, without changes by the Originiating MLS, as filed by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders affiliates and licenses and may not be reproduced or transmitted in any form or by any means, electronic, mechanical, including photocopy, recording, scanning, or any information storage and retreival system, without written permission from MiRealSource, Inc.