2480 Sheridan Street Detroit, MI 48214
Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT, OWN), HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.
- Property TypeLand
- NeighborhoodBoulevard Park Sub (Plats )
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site21 Days
- MLS StatusActive
- MLS ID Number20240024972
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.07 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 2480 Sheridan Street Detroit, MI 48214
3 weeks ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Sewer Public Sewer
- Water Public
- Property Sub Type Unimproved Land
- Zoning Residential
Exterior Features
- Waterfront Property No
Community Features
- MLS Area Det Woodward-Mcclellan/So Mack