About 2480 Sheridan Street
Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.
Features of 2480 Sheridan Street
| MLS® # | 24005665 |
|---|---|
| Price | $20,000 |
| Bathrooms | 0.00 |
| Acres | 0.07 |
| Type | Land |
| Sub-Type | Lot |
| Status | Active |
Community Information
| Address | 2480 Sheridan Street |
|---|---|
| Area | Wayne County - 100 |
| City | Detroit |
| County | Wayne |
| State | MI |
| Zip Code | 48214 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
School Information
| District | Detroit |
|---|
Additional Information
| Legal | E SHERIDAN 283BOULEVARD PARK SUB (PLATS) L23 P21 PLATS, W C R 17/65 30X100 |
|---|---|
| New Construction | No |
Financial Details
| Annual Property Tax | $0 |
|---|---|
| Tax ID # | 17012701. |
| Taxable Value | 0.00 |
Listing Details
| Agent | Natasha Talley |
|---|---|
| Office | BellaBay Realty Tri-Counties |