About This Home
This land at 19925 SCHAEFER Highway in Detroit, MI is listed for $2,500 (0.21 acres).
Key Features
- 0.21 acre lot
Build your dream home on this large vacant lot that features a circular driveway as well as 68 frontage feet. Close by Schools, parks, and expressway. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability.
Interested buyers should consult our proposal guidelines for new build opportunities. 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
19925 SCHAEFER Highway
Detroit, MI 48235
MANHATTAN CITY PARK
Questions & Answers
This 0-bedroom, 0-bathroom land at 19925 SCHAEFER Highway is listed at $2,500. The estimated monthly payment is $14 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.21 acre lot.
This property is listed by Erick Monzo and can be reached at 5862103350.
