3978 16th Street, Detroit, MI 48208

Property Description

This vacant lot is bundled with 3984,3990,3996,and 4002 16th. A total of 5 lots. Not sold separately. Totaling= 16,663 sqft. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. 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 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.

Listing Status:

Active

Date Added:

March 4, 2026

Data Last Updated:

April 3, 2026 at 11:45PM

Listing Office:

RCH Brokerage Legacy Inc : 248-440-2268

Listing Agent:

Leonard Pickett : 313-510-7887

MLS ID:

60973730

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E 16TH 446 SUB OF P C 44 L68 P2-3 DEEDSW C R 10/31 30 X 106.85

Utilities

• Water: Public

Financial

• Source: MiRealSource