$9,925 For Sale

16530 Fullerton Street
Detroit, MI 48227

lot: 0.57 acres | Residential Lots & Land - MLS# 20230050895
Property Photo
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Description

Welcome to the latest offering from the Detroit Land Bank Authority. A large vacant piece of residential land awaiting your creative ideas. Sale also includes adjoining lots 16520 and 16510 Fullerton as well. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land bank Authority 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/or 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. Please refer to DLBA proposal guidelines

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48227
  • School District: Detroit
  • Lot Size: 0.57 acres
  • Directions: Southfield service drive to fullerton go east between grandmont and woodmont
  • List Price Acre: 17412.28
  • Lot Size Area: 0.57
  • Lot Size Square Feet: 24829.2
  • Lot Size Units: Acres
  • Main Type: Land
  • Parcel Number: 2200667484
  • Road Frontage: 223
  • Street Type: Paved
  • Tax Legal Description: N FULLERTON 188 THRU 182 68 THRU 65 AND VAC ALLEY ADJ ROYCOURT SUB L49 P62 PLATS, W C R 22/150 223 X 110
Courtesy of Gene Kelley, Real Estate One-Southfield
Source: Michigan Regional Information Center (MichRIC)
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