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3065 Sheridan Street

Detroit, MI 48214
  • $10,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: 20240017189
UPDATED: 90 min ago
$10,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Zoning:
Residential
Lot Size Dimensions:
36 x 100

School Ratings & Info

School District:

Description

This lot is sold with 3059 Sheridan. Together= 6,625 sqft. Not sold separately. Zoned R2. An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. BATVAI 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 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. Please see attached documents for DLBA requirements and offer submission information.

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IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-22T08:58:27.093.
www.thehometeamexp.com/homes/149062342
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3065 Sheridan Street Detroit, MI 48214

  • Price: $10,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 90 min ago
  • ID#: 20240017189
0
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
BOULEVARD PARK SUB (PLATS )
County:
Wayne
Area:
Det Woodward-Mcclellan/So Mack
School District:
DETROIT
Property Description
This lot is sold with 3059 Sheridan. Together= 6,625 sqft. Not sold separately. Zoned R2. An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. BATVAI 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 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. Please see attached documents for DLBA requirements and offer submission information.
Exterior Features

Lot Size Dimensions 36 x 100 Road Frontage Feet 36 Road Frontage Type Paved Waterfront YN No

Property Features

Existing Lease YN No Land Contract YN No Listing Financing Cash Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 90 DAYS Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No State Equalized Value 0.0000 Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Transaction Type Sale Unparsed Address 3065 SHERIDAN Street Water Source Public (Municipal) Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RCH Brokerage Legacy Inc: (248) 440-2268 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-22T08:58:27.093.
 
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