4444 Grandy Street Detroit, MI 48207
Investment Opportunity for infill residential development located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Esti. Sale includes 7 adjacent lots 4444, 4402, 4410, 4418, 4424, 4428, 4434 & 4440 Grandy. Sale contingent on buyer/seller executed development agreement. 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 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.
- Property TypeLand
- NeighborhoodGrandys Plat of Sub of Lot 56 &Amp; Lots 64 &Amp; 66
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID Number20240047510
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.06 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: 6-Mack I75-Conner