4400 JUNCTION Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48210
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Brushs Sub (Plats)
MLS Listing ID 20240040757
Originating Board Realcomp II Ltd
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 32 x 100
Property Description
Great opportunity to build in the city of Detroit. This lot is sold with 4416,4422, and 4410 Junction. Totaling 12,228 sqft. Not Sold separately. Zoned R2. 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 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 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 Det South Of Grand River
Zoning Residential
Direction Take Michigan Ave headed east pass Livernois. Make left on junction. Land on right side corner of Buchanan.
Exterior
Pool No
Waterfront no
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Schools
School District Detroit
Others
Tax ID 16013025.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash