Section 1: Applicant Information. Lease a Property. What are the Targeted Multifamily Housing Areas? Lot / Land … 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. These properties include vacant commercial and industrial structures, vacant commercial and industrial-zoned land, and municipal properties which have been designated as surplus. Looking for Detroit, MI land for sale? 268-272 E Grand Blvd, Detroit, MI 48207. What criteria does the City use to evaluate applications? 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. Information about these properties and how to purchase them can be found on the City’s real estate marketing. Property data contained on this site is intended for informational purposes. Detroit, MI 48223. We specialize in residential sales helping both buyers and sellers around this area including into lakes country. Media Services Department. 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. 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. 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. Commercial properties for sale by the City of Detroit, Buildings, Safety Engineering and Environmental Department, Civil Rights, Inclusion & Opportunity Department, Homeland Security & Emergency Management, Detroit, Apply for or renew permit or certification. 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. Great for experienced investors.Please note that the Detroit Land Bank Looking for a buyer to rehab this commercial property. What if my plans for the property do not comply with zoning? Additionally, applicants must provide: Commercial Structure offered by the Detroit Land Bank Authority. 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… … From the outside, Detroit’s housing market seems like a land full of cheap properties. Asking Price: $500 Browse Commercial Real Estate listings in Detroit, MI ranging from office and retail spaces to land and commercial buildings to find the best deal. Sort by: Homes for You ... Alexander Real Estate Detroit, LLC. 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 DLBA is hosting virtual events for Rehabbed & Ready, Office Hours, and Building Blocks. The map is intended to ensure affordable housing preservation and development occurs in areas of the city that are experiencing growth/investment. (Michigan), ZIP code: 49321 1711--- 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. 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. Read more, The City of Detroit is actively marketing many publicly-owned commercial properties online. Pending Offers Whether you’re looking for a retail space for lease, an office space for rent or a commercial property for sale in Detroit… To determine the zoning classification for the property your are interested in purchasing, refer to the Zoning-Map-Index. The city does not offer any warranty, or title insurance, nor does it claim that title insurance companies will insure such parcels. • Affidavit of Disclosure of Interests by Contractors and Vendors. Detroit Bank Owned Properties. Detroit, MI real estate are here to offer detailed information about vacant lots for sale and help you make an informed buying decision. 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. Detroit — The Detroit Land Bank has become an unintended landlord, with about 4,500 of its properties estimated to have people living in them.. Detroit Land Bank Authority. 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. Fargo, West Fargo, and Moorhead area homes for sale and real estate. Search Detroit commercial real estate for sale or lease on CENTURY 21. There is no representation about the condition of the property. The Detroit Land Bank Authority (DLBA) owns and manages the publicly-owned residential property … How do I purchase publicly-owned property in Detroit? 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. Detroit Land Bank Commercial - Properties - Articlecx.com ss4.articlecx.com. Retail Office AG Apts Industrial. Currently, the Land Bank owns and manages over 1,000 tax-foreclosed public properties. The Detroit Land Bank Authority is playing a larger role than ever in fighting blight, and that means more employees and bigger salaries. 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. If you not redirected please download directly from the link provided. Additionally, Detroit Parcel Viewer includes an interactive map of the City that provides property ownership information from the Assessor Office. Detroit Real Estate Appraisers. to see if the DLBA-owned home or side lot you are interested in purchasing is listed. The mission of the Land Bank is to return tax-foreclosed and abandoned properties to productive use, contribute tax … Foreclosed. When applying to purchase property, please bid a competitive rate. How do I know if property is publicly owned? 260 & 261). Featured Listing. What should I do if I want to lease property or temporarily use or maintain a property? To lease City-owned property, applicants must be registered with the City of Detroit for personal property tax and withholding tax purposes. The Cook County Land Bank Authority (CCLBA) works to reduce and return vacant land and abandoned buildings back into reliable and sustainable community assets.ABOUT US Learn about our inventory of property, including the property type, location, cost to acquire, and other relevant information. 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. Buildings, Safety Engineering and Environmental Department, Civil Rights, Inclusion & Opportunity Department, Homeland Security & Emergency Management, Detroit, Apply for or renew permit or certification, Commercial properties for sale by the City of Detroit, Single-family homes or residential side lots for sale by the DLBA, Questions & Answers regarding publicly-owned property in Detroit. Generally, the city does not sell property if it conflicts with the zoning code. ft. of commercial real estate space for lease. Click to show Owner Occupant Buyer Advantage Program 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). For Sale: Detroit Land Bank Seeks Buyers For Vacant Houses The city is desperately trying to repopulate tens of thousands of abandoned homes, auctioning them off online for as low as $1,000. Find Detroit, MI commercial property for lease on Cityfeet. For information about the City of Detroit's Web site, email the Web Editor. A spokesperson said, about $3 million is allocated to lawn care. Housing and Revitalization Department. The city offers a Quit Claim Deed. What if I have concerns about the condition of the property? Remarks: Great opportunity in the City of Detroit to own your own business. Free-Standing – Corner parcel in a busy industrial block in Detroit, completely fenced with secure gate. Find Detroit, MI land for sale at realtor.com®. You can submit the same application form regardless of whether the property is owned by the City or the DLBA. Who makes decisions about the disposition of publicly-owned property in Detroit? 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. Our priority is to guide our clients through the process honestly, informatively, and with integrity. Extremely low offers that are below market value will generally not be accepted. Copyright 2001-2020 by City of Detroit The seller is the Detroit Land Before applying to purchase a property, please research its ownership status. 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. 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 … 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. The Assessor’s office places properties sold by a land bank … But land bank officials are learning again that despite ambitious goals, it can be difficult to sell homes in Detroit. 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. Copyright 2001-2020 by City of Detroit Our inventory changes daily.APPLY/BUY PROPERTY CCLBA partners with individuals, community A Land Bank lot on Strasburg Street near East 7 Mile Road. Great opportunity in the City of Detroit. This includes review of the application, negotiation, receiving necessary approvals from City Council, and closing. BuildingsByOwner is the only commercial real estate website exclusively for private sales and leases. For Sale: Detroit Land Bank Seeks Buyers For Vacant Houses The city is desperately trying to repopulate tens of thousands of abandoned homes, … Detroit — The Detroit Land Bank has become an unintended landlord, with about 4,500 of its properties estimated to have people living in them.. However, the funds do not cover backyards of properties. 500 Griswold Street, Suite 1200. The Detroit City Council makes final decisions regarding the disposition of City-owned property. 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. Individuals interested in these properties can apply to purchase them using the Property Application Form. Office Retail-Commercial Shopping Center Multi-Family Hospitality Special Purpose Industrial Vacant Land. 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. Need help finding commercial property? Office Retail-Commercial Shopping Center Multi-Family Hospitality Special Purpose Industrial Vacant Land. Contact our foreclosure brokers directly. These are also known as bank-owned or real estate owned (REO). Buyers are encouraged to perform all necessary due diligence and investigation prior to closing. 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. All material is the property of the City of Detroit and may only be used with permission. If you are interested in purchasing property owned by the Michigan Land Bank Fast Track Authority, please visit their website, If you are interested in purchasing a property from Wayne County or at the Wayne County tax auction, please visit the Wayne County Treasurer website. Where there is evidence of … We have 61 properties for sale listed as detroit mi land contract, from just $12,995. All property is sold as-is. Human Resources Department. Detroit, MI, 48226. 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 […] You will then be able to use the zoning portal tool to confirm which uses are permitted at that property. The seller is the Detroit Land Bank Authority. What incentives or support are available from the City? The balance of the purchase price is due at closing either by wire transfer, certified funds, or cashier check. 12001 Rosa Parks Blvd., Detroit – Parcel ID #8007918. These properties include vacant commercial and industrial structures, vacant commercial and industrial-zoned land, and municipal properties which have been designated as surplus. The Side Lot Program is designed to turn vacant, publicly-owned, and tax-foreclosed properties into yards, driveways, and gardens for Wayne County residents. Required Fields * * Applicant Name : Company/Organization : * Applicant … Search through office, industrial, retail and other Detroit, MI commercial property for lease. Find how the city is keeping businesses safe. (Photo: Violet Ikonomova) Detroit's largest property owner plans to soon start selling vacant parcels to people who live near them. 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. We provide Detroit Michigan and nationwide foreclosure listings directly from the source. 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. For commercial property, the DLBA must review title for possible environmental legacy concerns and communicate this information to the Community Partner prior to transfer. Looking for a buyer to rehab this commercial property. Show with caution. Section 1: Applicant Information. PROPERTY APPLICATION FORM: Use this form for City of Detroit properties and Detroit Land Bank Authority properties. What should I do if publicly-owned land is owned by another entity? Featured properties of Wayne County Land Bank. Single-family homes and residential side lots are generally sold by the DLBA at. 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. The Detroit Land Bank Authority Board of Directors is responsible for decisions about the disposition of property owned by the DLBA. For information about the City of Detroit's Web site, email the Web Editor. Foreclosure homes for sale in Detroit, bank owned homes, REOs, foreclosed homes and short sale deals are updated daily on our website. ... commercial property? These additional documents can be digitally uploaded when filling out the Property Application Form. Quick Search. 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 … Please visit. For information about the City of Detroit's Web site, email the Web Editor. Since its creation in 2011, the quasi-public authority has continually faced criticism. Property located in strategic areas, or properties that the City expects will be in high demand or receive more than one bid are generally publicly marketed on the City’s real estate marketing website (. ) Currently, the Land Bank holds title to over 1,000 properties throughout Wayne County. This property is a Land, latitude: 43.0333, longitude: 85.6667, property located in: Comstock Park. 34,000 SF, $775,000 Therefore, these target areas may change as neighborhood/market conditions in the city evolve. Please check our events … Sometimes it’s a former owner who lost the … Prime Brush Park Multi-Family Opportunity Vacant Land for Sale Detroit… Individuals or organizations can also apply to purchase property that is in public ownership but not currently being marketed using the Property Application Form. 8,937 SF, $295,000. A land-based project uses land for urban agriculture, gardening, beautification, and other productive uses, whether for-profit or as a community-based activity. Previously-approval Community partners interested in purchasing DLBA-owned property should use the Property Application and indicate their status as a Community Partner. Please note that the Detroit … 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. Whether you’re looking for a retail space for lease, an office space for rent or a commercial property for sale in Detroit… • Covenant of Equal Opportunity (HR Clearance) or packaged as part of a Request for Proposals (RFP). Occasionally framed as a quasi-governmental entity, the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that are currently in public ownership. Land Bank Properties Click to show For Sale/To Renovate Land Bank Properties. 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. 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. Sometimes it’s a … 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 … • Income tax clearance 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 … You can apply to purchase all City and DLBA-owned property using the. ... Detroit MI Land. Find how the city is keeping businesses safe. 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