5229 Nottingham Rd

Detroit MI 48224

0.11 ac.

Land

Currently for sale - view listing

Overview

Vacant land opportunity located in the Morningside neighborhood. Located close to the expressway and minutes from Grosse Pointe. 5235 Nottingham, 4874 Berkshire, 5229 Nottingham are included with this purchase. Total purchase price is $21, 800. Please note that 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 and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.