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5040 FERNWOOD ST, Detroit, MI 48204

Local realty services provided by:CENTURY 21 Dynamic Realty
5040 FERNWOOD ST,Detroit, MI 48204
$35,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: leonard a pickett iii, clarence r wilson
Office: rch brokerage legacy inc
MLS#:20240040769
Source:MI_REALCOMP

Price summary

  • Price:$35,000

About this home

This is a land-based site. This vacant lot is sold with 5054,5060, 5066, and 5074 Fernwood. Totaling= 47,720 sqft. Not sold separately. Zoned R3. 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 DLBA 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. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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

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Home facts

  • Listing ID #:20240040769
  • Added:598 day(s) ago
  • Updated:February 01, 2026 at 10:56 AM

Rooms and interior

  • Total bathrooms:2
  • Half bathrooms:1

Utilities

  • Water:Public, Water at Street
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$35,000
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