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Residential Land in Detroit's Corktown
For Sale
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3560 16TH Street, Detroit, MI 48208

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market861

Property Features for 3560 16TH Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision SUB OF PC 44 (ALSO PG 3) (DEEDS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Martin Luther King & 16th
Standard status Active
APN W10I006040S
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description E 16TH 304 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 40 X 106.85
Legal Description E 16TH 304 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 40 X 106.85

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 17, 2024 Changed: Aug 19 Last Checked: Aug 25 at 12:06AM
MLS# 20240024998

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential land offers a build opportunity within walking distance of Detroit's Corktown, a social district, and the renovated Ford train station. The property is located in an area with newer homes and rising property values. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development, with the aim of increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers are advised to consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The lot size is 0.1 acres. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Key Highlights

  • Prime location within walking distance of Detroit's Corktown, social district, and the Ford train station.
  • Great build opportunity in an area with rising property values.
  • DLBA seeking proposals for small- to medium‑scale infill development to increase housing supply.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Hair Salon Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land near Corktown, ideal for residential development.
Where is this land located?
The property is located at 3560 16TH Street Detroit, MI.
What are key features of this property?
This property features: Prime location within walking distance of Detroit's Corktown, social district, and the Ford train station.; Great build opportunity in an area with rising property values.; DLBA seeking proposals for small- to medium‑scale infill development to increase housing supply.
More about this property
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