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    259 Mount Vernon Ave Detroit, MI 48236

    For Sale
    Contact for pricing

    Vacant Land - Detroit, MI

    Lot size:
    0.08 Acres
    Days on Market:
    180
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 259 Mount Vernon Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    W01I002402S
    Lot size
    0.08 Acres

    Building Details

    Architectural style
    Other

    RCH Brokerage Legacy, Inc. (248) 440-2268 [email protected]

    Listing agent Leonard A Pickett III (248) 440-2268

    Listing date Jun 11, 2025

    MLS# 2200016561 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 Bundle

    This vacant land is a bundle of four lots located in Detroit’s North End neighborhood. The lots, including 249 Mt Vernon, 253 Mt Vernon, and 265 Mt. Vernon, are being sold together as a package. The combined area of the four lots totals 13,211 square feet. The property is located within walking distance of the Q-Line and the New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. BATVAI. Please see attached documents for DLBA guidelines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.90418
    Latitude
    42.403156

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    FAQs

    What type of property is this?
    Land - Four Detroit lots totaling 13,211 sqft near Q-Line.
    Where is this land located?
    The property is located at 259 Mount Vernon Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: - Bundle of 4 Infill Lots: Sold as a package.; - Significant Total Area: 13,211 sqft total across the 4 lots.; - Prime Location: Situated in Detroit’s bustling North End neighborhood.
    (248) 440-2268
    Request Owner's contact information
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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
    259 Mount Vernon Ave Detroit, MI 48236
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