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    16711 Burt Rd Detroit, MI 48219

    Under Contract
    For Sale
    $175,000

    Vacant Land - Detroit, MI

    Lot size:
    1.02 Acres
    Days on Market:
    1019
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 16711 Burt Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Multi-Family,Residential,Site Plan Condo
    APN
    W22I107870S002L
    Exterior features
    Curbs, Sidewalks, Irregular, Level
    Lot size
    1.02 Acres

    Building Details

    Architectural style
    Other

    Premier Property Services (313) 822-9000 [email protected]

    Listing agent James Bufalino (313) 822-9000

    Listing date Mar 1, 2023

    MLS# 219123604 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Vacant Land Development Opportunity

    This 1.02-acre vacant land parcel presents a development opportunity in Northwest Detroit, near downtown Old Redford. The property is zoned R5 and suitable for a multi-family affordable or supportive housing project. Located at the corner of Burt Road and Verne Avenue, just south of Grand River Avenue, the site is positioned for development. A seller purchase and development agreement will be provided upon acceptance of a qualifying offer. Development proposal guidelines and offer instructions are attached to the listing. All proposals are due February 28, 2020.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2480066
    Latitude
    42.4119283

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.02 acres of vacant land near Old Redford.
    Where is this residential land & home lot located?
    The property is located at 16711 Burt Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - 1.02 Acres of Vacant Land; - Development Opportunity: Ideal for Multi-Family Affordable or Supportive Housing Project; - Located near downtown Old Redford
    (313) 822-9000
    Request Owner's contact information
    16711 Burt Rd Detroit, MI 48219
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    Detroit, MI 48219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16711 Burt Rd Detroit, MI 48219
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