This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. Please see attached documents for DLBA requirements and offer submission information.
Grosse Pointe Farms is located in Michigan. Grosse Pointe Farms, Michigan has a population of 10,018. Grosse Pointe Farms is more family-centric than the surrounding county with 36.56% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Grosse Pointe Farms, Michigan is $146,667. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Grosse Pointe Farms is 47.1 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.6 inches per year, with 30.4 inches of snow per year.
