This lot is sold with the vacant lot next to it at 1535 Lawndale =Totaling $9000. Offers must include a development proposal for the site. Development proposal could include new construction, parking, or a land base project. Please refer to the attached Plot Plan Instructions and DLBA proposal guidelines”.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 & 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 & development financing.
Courtesy of: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Updated: 9th April, 2020 5:31 AM.
1541 LAWNDALE Detroit, MI