50778 Michigan Avenue
Van Buren, MI 48111
Improved Land · MLS # 20261017560 · Listing courtesy of Own It Realty
About this home
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!
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Van Buren
Over the last 90 days, 26 homes sold in Van Buren for a median of $395,990, about $192 per square foot, and the typical one went under contract in 34 days. This home is listed at $499,000, and has been on the market 196 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Van Buren sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $7,921 a year. A buyer who lives here would pay about $5,754 to $9,233 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.64 mills for Van Buren Twp and Van Buren 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 Van Buren
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