. The city is offering residential properties, commercial buildings and vacant land, and industrial/warehouse buildings. Free-Standing – Corner parcel in a busy industrial block in Detroit, completely fenced with secure gate. PROPERTY APPLICATION FORM: Use this form for City of Detroit properties and Detroit Land Bank Authority properties. The Michigan Land Bank Fast Track Authority Board of Directors on Wednesday approved proposals to sell the property where the Michigan State Fair was once held to the City of Detroit and Magic Plus, LLC. Check out some of our properties under the featured properties tab, or search all our properties. For information about the City of Detroit's Web site, email the Web Editor. 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. While we own and operate an impressive portfolio of commercial office space in Dearborn and Allen Park, Michigan, our reach and influence extends well beyond Metro Detroit. Our inventory changes daily.APPLY/BUY PROPERTY CCLBA partners with individuals, community We provide Detroit Michigan and nationwide foreclosure listings directly from the source. Commercial Property for Sale: 7470 MILLER Street, Detroit, MI 48213 - MLS# 2200015678. Section 1: Applicant Information. Additionally, applicants must provide:  Sale includes vacant lot at 5178 Rohns. If you are proposing a ground-up development or extensive structural rehabilitation, please provide at least a conceptual plan identifying the proposed use of the property, the scope of work, estimated costs and financing sources, and prior experience with similar developments. 34,000 SF, $775,000 Buyers are encouraged to perform all necessary due diligence and investigation prior to closing. The Detroit Land Bank is a newer public authority that auctions three properties a day for a minimum bid of $1,000, plus closing costs and the current year's property tax. Remarks: Great opportunity in the City of Detroit to own your own business. At the same time, Midtown and downtown condos sell for over … The Detroit Land Bank Authority Board of Directors is responsible for decisions about the disposition of property owned by the DLBA. 500 Griswold Street, Suite 1200. Lease a Property. Individuals interested in these properties can apply to purchase them using the Property Application Form. These properties include vacant commercial and industrial structures, vacant commercial and industrial-zoned land, and municipal properties which have been designated as surplus. Pending Offers BedsAny1+2+3+4+5+ Use exact match Bathrooms Any1+1.5+2+3+4+ Home TypeHouses Manufactured Condos/co-ops Multi-family Apartments Lots/Land Townhomes Max HOA Homeowners Association … Find Detroit, MI commercial property for lease on Cityfeet. Human Resources Department. or packaged as part of a Request for Proposals (RFP). Our priority is to guide our clients through the process honestly, informatively, and with integrity. To apply to lease a property or to propose another temporary use, please apply using the Property Application Form and describe the length of the lease or temporary use in the “Proposed Use” section. Law Department. Foreclosed. Fargo, West Fargo, and Moorhead area homes for sale and real estate. Land Bank Properties Click to show For Sale/To Renovate Land Bank Properties. Search detroit land bank commercial properties.Visit & Lookup Immediate Results Now. Property data contained on this site is intended for informational purposes. What should I do if publicly-owned land is owned by another entity? For information about the City of Detroit's Web site, email the Web Editor. Property Sub TypeCommercial Great opportunity in the City of Detroit. The DLBA is hosting virtual events for Rehabbed & Ready, Office Hours, and Building Blocks. The City’s goal is to place the publicly-owned property back in the hands of responsible private citizens and organizations by disposing of publicly-owned property in a transparent, fair, and efficient manner. … Whether you’re looking for a retail space for lease, an office space for rent or a commercial property for sale in Detroit… Section 1: Applicant Information. Show with caution. Recommendations related to the disposition of property owned by the City of Detroit are made by the City’s leadership from departments, agencies, and organizations including the Mayor’s Office (Jobs & Economy Team), the Housing and Revitalization Department, the Planning and Development Department, the Detroit Economic Growth Corporation, the City Law Department, the Detroit Building Authority, the DLBA, and the Department of Neighborhoods. The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximate 100,000 parcels of property in the City of Detroit making it the city's largest landowner. Check out the financing resources page here, in order to learn more about available tax incentives and public subsidies. Use this form for City of Detroit properties and Detroit Land Bank Authority properties. to see if the DLBA-owned home or side lot you are interested in purchasing is listed. Quick Search. Additionally, Detroit Parcel Viewer includes an interactive map of the City that provides property ownership information from the Assessor Office. BedsAny1+2+3+4+5+ Use exact match Bathrooms Any1+1.5+2+3+4+ Home TypeHouses Manufactured Condos/co-ops Multi-family Apartments Lots/Land Townhomes Max HOA Homeowners Association (HOA)HOA fees are monthly or annual charges that cover the … Foreclosure homes for sale in Detroit, bank owned homes, REOs, foreclosed homes and short sale deals are updated daily on our website. For commercial property, the DLBA must review title for possible environmental legacy concerns and communicate this information to the Community Partner prior to transfer. The Detroit City Council makes final decisions regarding the disposition of City-owned property. After a Michigan land bank conveys property to a non-tax-exempt entity, the land bank receives 50% of taxes collected on that property for five years, known as a 5/50 (P.A. The median listing price of land in Detroit is $70,000. The Detroit Land Bank Authority (DLBA) owns and manages the publicly-owned residential property … Information maintained at the Wayne County Treasurer’s Office regarding ownership is available online: Wayne County Treasurer's Office. Retail Office AG Apts Industrial. 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. (Photo: Violet Ikonomova) Detroit's largest property owner plans to soon start selling vacant parcels to people who live near them. Click to show Owner Occupant Buyer Advantage Program Properties. Currently, the Land Bank owns and manages over 1,000 tax-foreclosed public properties. The Land Bank is a public entity that promotes community development across Wayne County. Land… What if my plans for the property do not comply with zoning? The Detroit Land Bank is an Equal Housing Opportunity Provider and does not discriminate in the sale, rental, and financing of housing, or in other housing-related transactions, based on race, color, national … Single-family homes and residential side lots are generally sold by the DLBA at. Detroit, MI 48223. • Supplier application form The seller is the Detroit Land Bank Authority. Previously was used as a place of worship.The seller is the Detroit Land Bank Authority. These additional documents can be digitally uploaded when filling out the Property Application Form. The map is intended to ensure affordable housing preservation and development occurs in areas of the city that are experiencing growth/investment. Find how the city is keeping businesses safe. Although Wayne County Land Bank Corporation makes every effort to ensure that data displayed online is current and correct, it cannot guarantee the accuracy of property … For Sale: Detroit Land Bank Seeks Buyers For Vacant Houses The city is desperately trying to repopulate tens of thousands of abandoned homes, … The DLBA created the Community Partner Program to encourage faith and community-based organizations to help stabilize and transform their neighborhoods. Looking for a buyer to rehab this commercial property. Browse Commercial Real Estate listings in Detroit, MI ranging from office and retail spaces to land and commercial buildings to find the best deal. Detroit, MI real estate are here to offer detailed information about vacant lots for sale and help you make an informed buying decision. Bedrock is a full service commercial real estate firm based in downtown Detroit specializing in the strategic development of urban cores with a large portfolio of commercial retail spaces. Featured Listing. For many years now, we’ve guided customers through this investment journey. To lease City-owned property, applicants must be registered with the City of Detroit for personal property tax and withholding tax purposes. 12001 Rosa Parks Blvd., Detroit – Parcel ID #8007918. Featured properties of Wayne County Land Bank. Developers of both market-rate and affordable housing, whether standalone or as part of a mixed-use development, are encouraged to focus in these areas. Therefore, these target areas may change as neighborhood/market conditions in the city evolve. Find lots for sale in Detroit, MI with the cheapest land for sale starting from and going up to $1,950,000. The land bank estimates the "side lot" program, which launched in 2014, has led to $500,000 in additional property taxes for the city of Detroit. If the vacant home or side lot you are interested in purchasing is not listed on http://www.BuildingDetroit.org, or if a City-owned property is not listed on the City’s real estate marketing website at http://summitcommercialllc.catylist.com, it does not mean that the property is unavailable for sale. However, the funds do not cover backyards of properties. Whether you’re looking for a retail space for lease, an office space for rent or a commercial property for sale in Detroit… Lot / Land … The city does not offer any warranty, or title insurance, nor does it claim that title insurance companies will insure such parcels. Quick Search. You can submit the same application form regardless of whether the property is owned by the City or the DLBA. Great for experienced investors.Please note that the Detroit Land Bank Detroit Bank Owned Properties. Former party/grocery store. 272 results. Where there is evidence of … Please visit. This includes review of the application, negotiation, receiving necessary approvals from City Council, and closing. Apply to purchase or lease City and Land Bank properties Online Form: Apply to purchase or lease City and Land Bank properties… Before applying to purchase property, please be sure that you or the organization you represent have no outstanding personal or corporate income taxes, property taxes (click here),  or blight violations (click here). Search Detroit commercial real estate for sale or lease on CENTURY 21. Under the Program, the Land Bank identifies suitable properties and works with nearby eligible residents to purchase them at a significantly discounted price, often as low as $250. Detroit — The Detroit Land Bank has become an unintended landlord, with about 4,500 of its properties estimated to have people living in them.. • Income tax clearance Whether you’re purchasing a home, selling real estate or conducting any other type of real estate transaction in Detroit, a professional property appraisal will streamline the process and establish the fair market value of any property. The 2016 Targeted Multifamily Housing Areas map identifies areas of the city with stronger housing markets and active commercial corridors. For commercial property, if approved by the city and a price agreed upon, an earnest money deposit of ten percent (10%) of the purchase price is to be paid in certified funds to the Detroit Building Authority at the time of the purchase agreement. The Side Lot Program is designed to turn vacant, publicly-owned, and tax-foreclosed properties into yards, driveways, and gardens for Wayne County residents. Great opportunity in the City of Detroit. Craig Fahle The public entity recently added its ninth employee receiving a six-figure salary – Craig Fahle , the former host of WDET’s Craig Fahle Show, who now makes $120,000 a year. How do I purchase publicly-owned property in Detroit? Larger scale projects and more complicated transactions often take longer to complete. • Affidavit of Disclosure of Interests by Contractors and Vendors. The mission of the Land Bank is to return tax-foreclosed and abandoned properties to productive use, contribute tax … What incentives or support are available from the City? Please check our events … Individuals or organizations can also apply to purchase property that is in public ownership but not currently being marketed using the Property Application Form. Previously-approval Community partners interested in purchasing DLBA-owned property should use the Property Application and indicate their status as a Community Partner. But land bank officials are learning again that despite ambitious goals, it can be difficult to sell homes in Detroit. Extremely low offers that are below market value will generally not be accepted. Who makes decisions about the disposition of publicly-owned property in Detroit? Commercial Property for Sale: 11749 HARPER Avenue, Detroit, MI 48213 - MLS# 219102542. All material is the property of the City of Detroit and may only be used with permission. What are the Targeted Multifamily Housing Areas? Proper zoning approvals for the proposed use will need to be in place prior to closing. (Michigan), ZIP code: 49321 1711--- The seller is the Detroit Land For nearly half a century, Ford Land has been a leader in commercial real estate development and management. When applying to purchase property, please bid a competitive rate. Detroit Land Bank Commercial - Properties - Articlecx.com ss4.articlecx.com. Click to show Renovated Land Bank Properties.. Cities have first right of refusal for properties within their jurisdictions for the first 30 days after a property is posted on this website. Browse 188 Commercial Real Estate listings in Detroit, MI ranging from office and retail spaces to land and commercial buildings to find the best deal. Commercial Properties. Sort by: Homes for You ... Alexander Real Estate Detroit, LLC. To help rebuild property values in the City, encourage the development of a healthy real estate market, and to promote fairness and transparency, all property is generally sold at market value. It is the City's policy to prioritize investment in these areas, where increasing residential density will promote walkable urban neighborhoods with access to services, transit, and employment. Although Wayne County Land Bank Corporation makes every effort to ensure that data displayed online is current and correct, it cannot guarantee the accuracy of property listings, map imagery, or parcel availability. LoopNet.com operates the most heavily trafficked online listing service for Detroit Bank Owned Properties and other properties in other U.S. and Canadian markets with over $425 billion of commercial real estate for sale and5.1 billion sq. Looking for a buyer to rehab this commercial property. Office Retail-Commercial Shopping Center Multi-Family Hospitality Special Purpose Industrial Vacant Land. The city offers a Quit Claim Deed. Copyright 2001-2020 by City of Detroit Commercial property is a major contributor to the health of Australia’s economy and one of the key reasons for that is the significant number of jobs it creates. To determine the zoning classification for the property your are interested in purchasing, refer to the Zoning-Map-Index. Read more. Housing and Revitalization Department. Buying and developing a commercial property from the Land Bank is different than a residential property and there is no one-size-fits-all approach. Find Detroit, MI land for sale at realtor.com®. The Assessor’s office places properties sold by a land bank … All property is sold as-is. ... commercial property? Search through office, industrial, retail and other Detroit, MI commercial property for lease. ft. of commercial real estate space for lease. The proposals, once final, mean the City of Detroit will purchase approximately 142 acres of the property for $7 million and Magic Plus, LLC will […] What is a Land-Based Project and how can I pursue one? Looking for Detroit, MI land for sale? What kind of property is being offered for sale? What should I do if I want to lease property or temporarily use or maintain a property? We also have commercial sales agents to assist in that arena. ... With over 5,000 completed residential & commercial transactions in his career, James has the market knowledge and experience to far exceed your expectations. A Land Bank lot on Strasburg Street near East 7 Mile Road. Detroit Land Bank Authority. Need help finding commercial property? This property is a Land, latitude: 43.0333, longitude: 85.6667, property located in: Comstock Park. • Accounts receivable clearance • Covenant of Equal Opportunity (HR Clearance) All material is the property of the City of Detroit and may only be used with permission. However, if you think that your proposed use of the property is a good fit for the location despite possible nonconformance with the zoning code, please apply using the Property Application Form and note the potential zoning issue. Detroit Real Estate Appraisers. That’s a gain of about 18,000 jobs. 260 & 261). You will then be able to use the zoning portal tool to confirm which uses are permitted at that property. 3. Credits are sometimes provided for adjacent property owners, property sales that will encourage job growth, and for local non-profit organizations. Learn more about Land-Based Projects and how to successfully complete one here. The balance of the purchase price is due at closing either by wire transfer, certified funds, or cashier check. Detroit, Fort Lauderdale, and Grosse Pointe Woods Real Estate Services - Premier Property Services ... City of Detroit Land Bank. Applicant has proposed a use consistent with City objectives, Intended use is consistent with current zoning or property could reasonably be rezoned, Applicant owns the adjacent property and is an owner in good standing. Commercial For Sale in Detroit, . There is no representation about the condition of the property. During the public marketing or RFP process, representatives from various City departments will make disposition recommendations to City Council based on criteria including the offered purchase price, the use proposed, and the determined capacity of the potential purchaser. If you have any additional questions or concerns, please contact, Website listing single-family homes or residential side lots for sale by the DLBA, Link to website with listing of commercial properties being marketed for sale by the City of Detroit, Online Form: Apply to purchase or lease City and Land Bank properties. Commercial Structure offered by the Detroit Land Bank Authority. You can learn much more about our process by visiting our Commercial sales page. A land-based project uses land for urban agriculture, gardening, beautification, and other productive uses, whether for-profit or as a community-based activity. The Detroit Land Bank is an Equal Housing Opportunity Provider and does not discriminate in the sale, rental, and financing of housing, or in other housing-related transactions, based on race, color, national … These properties include vacant commercial and industrial structures, vacant commercial and industrial-zoned land, and municipal properties which have been designated as surplus. 5 Day Appraisal Full MAI - Retail Office AG Apts Industrial www.AppraisalCommercial.com. ft. of commercial real estate space for lease. Required Fields * * Applicant Name : Company/Organization : * Applicant … Property data contained on this site is intended for informational purposes. All material is the property of the City of Detroit … Land Bank Making County owned real estate available for acquisition by individuals, companies and organizations in the private, public and not-for-profit sectors through sales and nominal consideration conveyances is a job that keeps the Shelby County Land Bank very busy. The Detroit Land Bank Authority is playing a larger role than ever in fighting blight, and that means more employees and bigger salaries. We have 61 properties for sale listed as detroit mi land contract, from just $12,995. To learn more about the Community Partner Program and to apply to become a Community Partner, visit the DLBA's website: You are strongly encouraged to review the zoning requirements for the property you are interested in purchasing. Sometimes it’s a … 8,937 SF, $295,000. The Detroit Land Bank Authority (DLBA) owns and manages the publicly-owned residential property in Detroit and sells select vacant homes and residential side lots online. 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