1027 Lyon Street
Flint, MI 48503
Improved Land · MLS # 20261071801 · Listing courtesy of Keller Williams First
About this home
**PRIME DEVELOPER & BUILDER OPPORTUNITY!! This unique offering includes 8 parcels, totaling an estimated 1.50 acres (65,340 sq. ft.), with multiple parcels concentrated along Lyon St., Mason St. and Eighth Ave. Offered together as one package, this portfolio provides an excellent opportunity for builders, developers, investors, nonprofits or buyers looking to expand their real estate holdings. The vacant land portfolio includes parcels at 1027, 1011, 1012, 1015,1016 Lyon St., an additional Lyon St. parcel, 309 Eighth Ave. and Mason St. With multiple lots positioned within the same general corridor, this development footprint makes this an exceptional canvas for residential infill, multifamily, new construction, redevelopment, community-focused development or long-term investment. The Mason parcel is over .4 acres and uniquely zoned as University Core (UC). The UC district supports a mix of institutional, residential commercial, and employment uses, including multifamily, professional offices, research development, and certain light manufacturing uses. Strategically located near high traffic areas, access to highways, near high profile and newly developed downtown Flint, Hurley Hospital, Kettering University and University of Michigan-Flint, with access to established city infrastructure, a new developing state park with waterfront and surrounding new developments and neighborhoods. All 8 lots are being offered together as one package at $75,900 and priced to sell. Buyer and buyer’s agent to verify acreage, parcel dimensions, zoning, permitted uses, utilities, taxes, access and buildability with the City of Flint and appropriate governmental authorities. All data and measurements are approximate. Sale includes Parcels/Lots included in the sale: 40-12-402-013; 40-12-402-030; 40-12-258-016; 40-12-402-012; 40-12-258-014; 40-12-258-017; 40-12-402-018; 40-12-402-034. Please contact the listing agent for serious inquiries, showings and offers.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Flint
Over the last 90 days, 312 homes sold in Flint for a median of $98,950, about $74 per square foot, and the typical one went under contract in 17 days. This home is listed at $75,900, and has been on the market 22 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Flint sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $72 a year. A buyer who lives here would pay about $13 to $2,006 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.34 mills for Flint City and Flint schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Flint
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