5201 CASMERE Street Pending

Hamtramck,MI 48212

$ 24674

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Shipmans (Plats)

MLS Listing ID 20240038982

Originating Board Realcomp II Ltd

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 71 x 131

Property Description

Welcome to the latest offering from the Detroit land Bank Authority. Calling all developers. 3 vacant lots ready to build. Sale includes 5193 and 5183 casmere. Over 16,000 sqft. of buildable space for you to develop. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

All showings to be conducted by a licensed agent

Location

State MI

County Wayne

Area Hamtramck

Zoning Residential

Direction mound go south to casmere go west

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Water at Street

Schools

School District Detroit

Others

Tax ID 13005891.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash,Quit Claims Deed

Listing Terms Cash,Quit Claims Deed

Financing Cash,Quit Claims Deed

View More
Favorite Go Tour