Residential Land for Sale in Detroit, Michigan
16211 Schaefer Detroit, MI 48235
Welcome to the latest offering from the Detroit Land Bank Authority. Over 10,000 sqft of vacant land available for you to build your next multiunit dwelling. Flanked by other residential offerings we are sure that you will find a suitable use for this space.
The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. 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.
Directions
7 mile east to schaefer go south just before puritan.
Location
- Street Address
- 16211 Schaefer
- County
- Wayne County
- Community
- Monnier-College Park (Plats)
- School District
- Detroit
- Elevation
- 663 feet
Property details
- Zoning
- Residential
- MLS Number
- REALCOMP 20240044851
- Date Posted
Parcels
- W22I030715S000
Legal description
W SCHAEFER 1-2 N 26.75 FT 3 MONNIER COLLEGE PARK SUB L49 P18 PLATS, W C R 22/851 106.75 X 100 10,675 SQFTCOMBINED ON 10/25/2019 FROM 22030715.001, 22030715.002, 22030715.003, 22030715.004, 22030715.005, 22030715.006, 22030715.007, 22030715.008L, 22030716.001, 22030716.002, 22030716.003, 22030716.004, 22030716.005, 22030716.006, 22030716.007, 22030716.008L;
Detailed attributes
Listing
- Type
- Land
- Franchise
- Real Estate One
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 29, 2024 | Under contract | $12,511 | — | REALCOMP |
July 9, 2024 | New listing | $12,511 | — | REALCOMP |