5773 Wabash Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48208
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Plat Of Godfroy Farm
MLS Listing ID 20251037277
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40X144.23
Source Realcomp II Ltd
Property Description
Great infill opportunity located close to Motown Museum and Henry Ford expansion. Billions of dollars earmarked for development in the vicinity. 3lots included, 5767, 5773 Wabash and 2105 Antoinette, for a total of $60,000 and cannot be sold separately. Zoned R2 Residential. 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 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 Det: Livernois-I75 6-Gd River
Zoning Residential
Direction N. of I-94, W. of Rosa Parks Blvd.
Exterior
Road Frontage Paved
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W10I004619S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash,Quit Claims Deed
Listing Terms Cash,Quit Claims Deed
Financing Cash,Quit Claims Deed