Detroit Land Bank
3978 16TH Street Detroit, MI 48208
For Sale
$50,000
LAND - Detroit, MI
Lot Size0.07 Acres
Days on Market141
Property Features for 3978 16TH Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W10I006060S
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- E 16TH 446 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 30 X 106.85
Utilities
- Water source
- Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #350554
(248) 440-2268
Added: Mar 4
Changed: May 13
Last Checked: Jul 23 at 3:06PM
MLS# 20261013914
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Investment Insights
Based on property information with market context.
This offering comprises five bundled vacant lots, specifically including 3984, 3990, 3996, and 4002 16th Street, in Detroit, MI. The combined area of the lots totals 16,663 square feet. These lots are not available for individual purchase. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers are encouraged 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. Prospective purchasers should note that the DLBA is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may not be compatible with other available tax abatements. The DLBA will consider requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes, the amount of which will be determined after reviewing the development proforma and the impact of any tax abatement on the purchase and development financing.
Key Highlights
- Bundle of 5 contiguous lots totaling 16,663 sqft.
- Ideal for small- to medium‑scale infill development.
- Opportunity to increase housing supply and restore urban fabric.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Five bundled lots ideal for infill development in Detroit.
Where is this residential land & home lot located?
The property is located at 3978 16TH Street Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Bundle of 5 contiguous lots totaling 16,663 sqft.; Ideal for small- to medium‑scale infill development.; Opportunity to increase housing supply and restore urban fabric.
