For Sale
50778 Michigan Avenue, Van Buren, MI 48111
$499,000
MLS # 20261017560 (Realcomp)
0.83 acres
1 / 2
Listing Description
Prime Location! Endless Development Opportunities! This now fully cleared, vacant parcel offers approximately 0.94 acres in a high-visibility corridor, ready for your next project. Previously improved, the site has been demolished and is development-ready. Includes additional parking lot parcel #83-022-01-0011-003, adding an extra 0.11 acres. Ideal for many uses. Bring your vision to life in this growing and highly accessible area!
Source: SparkMLS
About this home
Asking $499,000.
Annual property taxes run approximately $7,921 ($660/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.83 acres
Location
CityVan Buren
MunicipalityVan Buren Twp
Zip Code48111
CountyWayne
School DistrictVan Buren
Sale & Financing
Listed3/17/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,921
Parcel #83022010012001
Source: SparkMLS
Legal Description
06C12A LOT 12 EXC THE NLY PART THEREOF MEAS 87.17 FT ON THE WLY LINE AND 86.80 FT ON THE ELY LINE OF SAID LOT DENTON FARMS SUB T3S R8E L40 P4 WCR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Hassan Scheib
Own It Realty
Frequently Asked Questions about 50778 Michigan Avenue, Van Buren, MI 48111
What school district is 50778 Michigan Avenue, Van Buren, MI 48111 in?
Per MLS# 20261017560, this property is served by Van Buren. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 50778 Michigan Avenue, Van Buren, MI 48111?
Per MLS# 20261017560, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261017560, the most recent reported annual property tax for 50778 Michigan Avenue, Van Buren, MI 48111 is $7,921. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 50778 Michigan Avenue, Van Buren, MI 48111 eligible for USDA financing?
Per USDA Rural Development boundary data, 50778 Michigan Avenue, Van Buren, MI 48111 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 50778 Michigan Avenue, Van Buren, MI 48111 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$3,237
Principal & interest$3,237
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
50778 Michigan Avenue, Van Buren, MI 48111
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Municipality
Van Buren Township
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County
Wayne County
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