Welcome to the latest offering from the Detroit land Bank Authority. 0ver 10,000 sq ft. of vacant paved land, ideal for a parking lot or commercial parking structure. Bring your offers and ideas as this could prove very viable in the up and coming Air Port sub.
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 in lieu of taxes to approve such requests. Upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
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