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15142 JOY Road, Detroit
$200,000
20240081421 MLS ⋅ ACTIVE Status
Prime Investment Opportunity on Joy Rd: This commercial real estate package offers three parcels, including a separate upper efficiency apartment, all on a 60 x 100 lot in a highly sought-after area known for its thriving auto industry. Just minutes from Dearborn, the property boasts modern updates, including new electrical, plumbing, and roofing, along with two brand-new door bays. The apartment, with its separate entrance and utilities, enhances rental appeal.Currently generating $2,500 in monthly income from a successful detail shop and rented apartment, this property offers significant potential for expansion. With security fencing in place and ample parking for up to 18 cars, the additional vacant space is perfect for storage, warehousing, or further development. Seize this opportunity to invest in a versatile property with a solid income stream and room to grow.

15142 JOY Road, Detroit

8441 SOUTHFIELD, Detroit
$5,000
20240074873 MLS ⋅ ACTIVE Status
This is a land-based site. Zoned B4. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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.

8441 SOUTHFIELD, Detroit

10086 ROSEMONT Avenue, Detroit
$10,000
20240072664 MLS ⋅ ACTIVE Status
This is a land-based site. This property is sold with 10094 Rosemont Totaling= sqft. Not sold separately. Zoned R1. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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.

10086 ROSEMONT Avenue, Detroit

18110 WEAVER Street, Detroit
$35,651
20240007161 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit land Bank authority. over 37,000 sq ft of commercial space waiting for your development ideas located in the Franklin Park subdivision. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.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.

18110 WEAVER Street, Detroit

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