Residential Land for Sale in Detroit, Michigan
926 W Willis St Detroit, MI 48201
Looking for a new build infill opportunity in a thriving Corktown community close to downtown? BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
Directions
E. of Lodge Fwy., N. of Selden
Property details
- County
- Wayne County
- Community
- Det: Livernois-I75 6-GD River
- Zoning
- Residential
- Elevation
- 620 feet
- MLS Number
- REALCOMP 20240024686
- Date Posted
Legal description
N WILLIS W 52 FT OF E 60 FT OF S 125 FT 8 LYG N & ADJ WILLIS AVE FORSYTH FARM SUB PRO 2643, W C R 4/29 52 X 125
Parcels
- 04000858.
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 11, 2024 | Under contract | $17,000 | — | GRAR |
Mar 27, 2024 | New listing | $17,000 | — | GRAR |