Commercial Land for Sale in Detroit, Michigan

12945 Puritan St Detroit, MI 48227

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Street
1 / 6
$5,000
0.1 acres
Active sale agoEst $76/mo

Property zoned as B2. 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 DLBA 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 (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Directions

HEAD EAST ON PURITAN PASS SCHAEFER, PROPERTY ON THE RIGHT SIDE CORNER OF PURITAN AND SORRENTO.

Property details

Coordinates
42.4092, -83.1727
Community
Det 6-Tire - GRNFLD - Livernois
School District
Detroit
Zoning
Commercial
Elevation
659 feet
MLS Number
REALCOMP 20240080302
Date Posted

Legal description

Parcels

  • 220119578

This 0.1-acre property is located at 12945 Puritan St in Detroit, MI 48227 with latitude 42.4092 and longitude -83.1727. The property is currently available for sale for $5,000 with a price per acre of $50,000. Listing data is sourced from Realcomp Limited II # 20240080302.

Verify sale details at the property source or contact RCH Brokerage Legacy at (248) 440-2268.

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Copyright (C) 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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