DETROIT
05/28/2013 02:40 pm ET

Packard Plant Among Parcels Up For Auction Of Foreclosed Properties

AP/Carlos Osorio, File

The abandoned factory that once produced Packard automobiles will be among the properties for sale this September at the Wayne County auction of properties foreclosed on because of property tax delinquency.

The starting price for bidding will be about $975,000, the sum of the taxes owed on 43 parcels that make up most of the sprawling Packard plant property, county officials said. Another four parcels on the fringes of the property belong to the city of Detroit and will not be included in the auction.

Read more on Crain's Detroit Business

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