Residential Land for Sale in Detroit, Michigan
4444 Grandy St Detroit, MI 48207
Investment Opportunity for infill residential development located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Esti. Sale includes 7 adjacent lots 4444, 4402, 4410, 4418, 4424, 4428, 4434 & 4440 Grandy. 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.
Directions
S of Forest/E of Dequindre
Location
- Street Address
- 4444 Grandy St
- County
- Wayne County
- Community
- Grandys Plat of Sub of Lot 56 & Lots 64 & 66
- School District
- Detroit
- Elevation
- 627 feet
Property details
- Zoning
- Residential
- MLS Number
- REALCOMP 20240047510
- Date Posted
Parcels
- W11I003643S
Legal description
E GRANDY 1 BLK 56 GRANDYS SUB L3 P74 PLATS, W C R 11/107 27 X 101.5
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 3, 2024 | New listing | $8,000 | — | REALCOMP |