5387 Bangor Street Detroit, MI 48210
Great opportunity close to thriving Grand Blvd/Midtown development. offering 9 lots. Addresses include 5387, 5381, 5373, 5367, 5359, 5353 Bangor & 4115, 4121, 4127 McGraw. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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.
- Property TypeLand
- NeighborhoodCrains Sub of Lot 95 Pc56 3
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID Number20240024458
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.05 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Water Public
- Property Sub Type Unimproved Land
- Zoning Residential
Exterior Features
- Waterfront Property No
Community Features
- MLS Area Det South Of Grand River