4414 25TH STREET
Detroit, MI 48208
0.07 acres | #20240024449
Description
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 9 lots are included in the sale, 4420, 4426, 4432, 4438, 4444, 4450, 4456, 4462 25th. 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.
Property Details
- Days on Market (Cumulative)65
Location
Legal
All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Natasha C Richards (#292343), Email: natasharichards@comcast.net
Listing Office: Bellabay Realty Tri Counties (#385913)
Listing Courtesy (Buyer)
Buyer's Agent: Natasha C Richards (#292343)
Buyer's Office: Bellabay Realty Tri Counties (#385913)