26165 W OUTER Drive Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48217
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision More Than One Subdivision Involved
MLS Listing ID 20240071946
Lot Size 4,356 Sqft
Property Description
Great opportunity for infill housing development. This land is bundled with 26121 W Outer, 3626, 3622,3610, 3606, 3602,3598,3632,3618, 3614, and 3594 Electric, totaling=42,588 sqft. Not sold separately. Zoned R1. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission.
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Residential
Exterior
Pool No
Waterfront no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash