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8028 CAHALAN ST DETROIT, MI 48209
- Vacant Land / Resale (MLS)
Property Details for 8028 CAHALAN ST, DETROIT, MI 48209
Features
- Lot Size: 3049
- Heating: Forced air unit
Facts
- Property ID: 870342305
- MLS Number: 20240024479
- Parcel Number: 20003570.
- Property Type: Vacant Land
- County: WAYNE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Great infill build opportunity in Southwest Detroit. Sale includes the following addresses; 8028, 8034, 8040, 8044, 8050, 8056, 8062 Cahalan. 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 Detroits 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
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Property Brokerage:
Bellabay Realty Tri-Counties
37361 Eight Mile Road
Livonia
MI
48152
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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