4400 MITCHELL, Detroit, Wayne County, MI 48207

For Sale

$10,000 USD
Listed by LEONARD PICKETT with RCH Brokerage Legacy Inc
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Property Summary for 4400 MITCHELL

Type
Lots And Land
Sub-Type
Other
Lot Size
0.07 Ac
MLS Number
2210010510
Neighborhood
Middle East Central
Zip
48207
School District
Detroit City School District

Description for 4400 MITCHELL

This lot is sold w/ 6 adjacent lots 4408,4416,4424,4428, 4434,4440 Mitchell. The DLBA is looking for a thoughtful Land Based Project for this site. A Land Based Project uses land for urban agriculture, gardening, beautification, other productive uses, whether for profit or as a community based activity. Offers need to include a plot plan showing how the buyer intends to activate the site. Refer to the attached Plot Plan Instructions and DLBA proposal guidelines 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 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.’ BATVAI
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Copyright © 2021 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.
Listed by:

LEONARD PICKETT

RCH Brokerage Legacy Inc

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Demographics in 48207top

Population

Total population 20,809
Male population 9,070
Female population 11,739
Median age 43.30

Households

Total households 11,554
Average people per household 1.74

Housing

Total housing units 14,143
Owner occupied 2,849
Renter occupied 8,705
Median year built 1965

Income

Median household income 30,908
Average household income 47,112

Disclaimer


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.

No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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