Detroit Tech City Real Estate
Alton R Williams II, Detroit Tech City Real EstatePhone: (313) 670-6495
Email: [email protected]

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listing
1 of 8
LandFor Sale
$5,700
4994 Carpenter Street
Hamtramck, MI 48212
Listed by: Real Estate One-Southfield, (248) 723-0055
MLS: Realcomp II Ltd
Est. Mortgage
$129/mo

Welcome to the latest offering from the Detroit Land Bank Authority. 2 vacant parcels in the Detroit area just a stones throw from Hamtramck. Almost 2300 sqft. available for land based projects, garden and agriculture. Sale also includes 4620 Carpenter. 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.

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