Commercial Land for Sale in Detroit, Michigan

Vacant Land located in the highly desired Cadillac Community neighborhood. Lot size is 65 ft x 100 ft. Perfect location for your upcoming business venture! Conveniently located near expressways and minutes from Downtown Detroit. Land Bank Owned. 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.