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435 Martin Luther King Jr Boulevard

Detroit, MI 48201
  • $290,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 20240022249
UPDATED: 234 min ago
$290,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Zoning:
Commercial,Multiple,Residential
Lot Size Dimensions:
50.00 x 190.00

School Ratings & Info

School District:

Description

Nearly a acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential. 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/or 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. Please refer to DLBA proposal guidelines.

Monthly Payment Calculator



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: 2024-05-26T22:58:49.693.
www.thehometeamexp.com/homes/149801925
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435 Martin Luther King Jr Boulevard Detroit, MI 48201

  • Price: $290,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 234 min ago
  • ID#: 20240022249
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Cass Farm L1 P172 Plats
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Nearly a acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential. 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/or 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. Please refer to DLBA proposal guidelines.
Exterior Features

Lot Size Dimensions 50.00 x 190.00 Road Frontage Feet 0 Road Frontage Type Paved Waterfront YN No

Property Features

Assessment 0.00 Existing Lease YN No Land Contract YN No Listing Financing CashQuit Claims Deed Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No State Equalized Value 219400.0000 Tax Amount Summer 4196.0000 Tax Amount Winter 514.0000 Title Government - Owned Total Tax 4710.0000 Transaction Type Sale Unparsed Address 435 MARTIN LUTHER KING JR Boulevard Water Source Public (Municipal) Zoning CommercialMultipleResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield: (248) 723-0055 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: 2024-05-26T22:58:49.693.
 
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