5936, 5940, 5942, 5946, & 5954 Brush

Land

5936 5940, 5942, 5946, & 5954 Brush, DetroitMI 48202

Property Details

Location

Address
5936 5940, 5942, 5946, & 5954 Brush, DetroitMI 48202
County
Wayne
Submarket
Detroit - New Center
Parcels
01003868.015L
In Opportunity Zone
Yes

Building Size

Building Size

Building Details

Type
 Land
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.17 Acres
Land (SF)
7,405 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R5
Lot Depth
Lot Width

Contacts

Current Listings

Prime Development Opportunity in Midtown-Medbury Park

6,975 SF$105,000
Summit Commercial LLC

- Unique Residential Development Opportunity

- Zoned R5 allowing for a variety of residential development opportunities

- Pedestrian friendly neighborhood

- Located in close proximity to active New Center Area, Henry Ford Hospital main Campus, and Wayne State University

- Located within walking distance to active commercial corridor along Woodward Ave.

* Please note that the Detroit Land Bank Authority (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 abatements and lot combinations 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 abatements on the purchase and development financing.

**DLBA will require that the new development contain a minimum of two housing units

***All offers for purchase should be submitted directly to listing broker via email.

Summit Commercial LLC

- Unique Residential Development Opportunity

- Zoned R5 allowing for a variety of residential development opportunities

- Pedestrian friendly neighborhood

- Located in close proximity to active New Center Area, Henry Ford Hospital main Campus, and Wayne State University

- Located within walking distance to active commercial corridor along Woodward Ave.

* Please note that the Detroit Land Bank Authority (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 abatements and lot combinations 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 abatements on the purchase and development financing.

**DLBA will require that the new development contain a minimum of two housing units

***All offers for purchase should be submitted directly to listing broker via email.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CPIX

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