20444 Schoolcraft, Detroit, MI 48223

Vacant land available in Detroit offering a great opportunity for development. Situated in a commercial zoning district, this parcel provides flexibility for a variety of potential uses. Located near major roads and surrounding amenities, the property presents strong potential for investors or developers looking to build in an active and growing area. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.