7427 Churchill Street, Detroit city, Michigan

$25,000

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0.12

Acres

About 7427 Churchill Street

New build opportunity on a prime vacant lot near the Rosa Parks Boulevard and Grand Boulevard corridor. Located near the Motown Museum and the expanding Henry Ford Health System campus, this parcel presents an excellent infill development opportunity. Sale includes 7427 & 7435 Churchill. This vacant parcel is owned by the Detroit Land Bank Authority (DLBA) through its Marketed Property Program. The property offers an opportunity for new construction and infill development, subject to zoning and City approvals. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. 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.

Features of 7427 Churchill Street

MLS® # 20251060616
Price $25,000
Bathrooms 0.00
Acres 0.12
Type Vacant Land
Status Active

Community Information

Address 7427 Churchill Street
Area 05043 - Det: Livernois-I75 6-Gd River
Subdivision LOTHROP & DUFFIELD BLVD PARK SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48206

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNext Level Realty & Investments
Contact Infocatina@nextlevelsells.com

Listing Map

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