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5585 RIDGEWOOD Street Detroit, MI 48204
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240040990
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 26 x 597
Source Realcomp
Property Description
Check out this residential zoned vacant lot located close to the expressway. This lot is ready for you to build your dream home or income generating property. Brought to you by the Detroit Land Bank. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction South of Jeffries Fwy, East of Livernois
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 16004297.
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes