16530 Fullerton Street, Detroit, Michigan

$9,925

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0.57

Acres

About 16530 Fullerton Street

Welcome to the latest offering from the Detroit Land Bank Authority. A large vacant piece of residential land awaiting your creative ideas. Sale also includes adjoining lots 16520 and 16510 Fullerton as well. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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

Features of 16530 Fullerton Street

MLS® # 60233048
Price $9,925
Acres 0.57
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 16530 Fullerton Street
Area Detroit
Subdivision Roycourt (plats)
City Detroit
County Wayne
State Michigan
Zip Code 48227 1209

Amenities

Is Waterfront No

School Information

District Detroit City School District

Additional Information

Zoning Residential
Foreclosure Yes
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate One-Southfield

Listing Map

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