Listing ID2220022516
Price$41,400
StatusActive
Acres 0.070
CountyWayne
SubdivisionFLATTERYS
Property TypeVacant Land
Great opportunity for infill housing development. Great opportunity for infill housing development. This lot is bundled with 2139 Vernor and 2147 Venor= $41,400. Not sold separately. 3 lots total = 9,306 sqft. 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 Not sold separately. 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
Realcomp II Ltd
IDX provided courtesy of Realcomp II Ltd., via RCH Brokerage Legacy, Inc and Realcomp II Ltd, ©2016 Realcomp II Ltd. Shareholders. The IDX information is provided exclusively for 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Thursday, April 18th, 2024 at 05:11:41 PM.
#IDX-primaryPhoto, #idx-details-headerListed by: RCH Brokerage Legacy Inc (248) 440-2268

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Leonard Pickett

21411 Civic Center Dr Ste 200
Southfield, MI 48076
Phone: 2484402268
Phone Alt: 3135107887
Fax: 2484402268
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