7
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$10,000
Est. payment /mo
3,484 Sqft Lot
Active
5277 Lenox Street Detroit, MI 48213
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251060250
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X100
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 buildable lots located in the chandler park area. This sale includes 5285 lenox as well. Both lots total approximately 7000 sqft of buildable space. 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.
Location
State MI
County Wayne
Zoning Residential
Direction I-94 E to chalmers go south to South hampton go West to lenox
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W21I049946S
Acceptable Financing Cash
Listing Terms Cash
Listed by Real Estate One-Southfield
NEARBY SCHOOL & BUSINESS
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