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471 JEFFERSON Detroit, MI 48207
2,178 Sqft Lot
UPDATED:
12/09/2024 08:51 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60345555
Style Vacant Land
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 45.00 x 47.00
Property Sub-Type Vacant Land
Property Description
Prime vacant lot located in the highly sought-after Islandview neighborhood! This 0.10-acre lot offers a fantastic opportunity to build your dream home or investment property. Ideally situated just minutes from Belle Isle, the Detroit Riverwalk, and downtown, you'll enjoy the perfect blend of peaceful residential living with easy access to the vibrant city life. Don’t miss out on this great location with plenty of potential for future development! 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 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 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Building
Water Public Water at Street
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
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Listed by Keller Williams Realty-Great Lakes