"Discover unparalleled potential in this prime vacant land located in the heart of East Dearborn, an area renowned for its thriving community and strategic positioning. Boasting a coveted location, this parcel presents a blank canvas for visionary developers and entrepreneurs alike, awaiting its transformation into a beacon of innovation and success. Spanning an expansive area, this vacant land offers boundless opportunities for customized development projects, whether it be commercial ventures, residential complexes, or mixed-use facilities. Its proximity to key amenities, major thoroughfares, and bustling urban centers ensures unparalleled accessibility and convenience for future occupants.
Property Details
Property Features
Listing Office:
Office Name: Simon & Associates Real Estate
Office Phone: (248) 635-2880
Listing Agent: Simon Saleh
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: Right on Warren, Left on Payne,
Price Information
Listing Price Info
Price Summary:
List Price: $39,999
Tax Information:
Annual Amount: $533
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Dearborn, MI.
This property is $220K less than the Median Sold Price in Dearborn, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240041200
Listing Office:
Office Name: Simon & Associates Real Estate
Office Phone: (248) 635-2880
Listing Agent: Simon Saleh
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Oakman Elementary School
7545 Chase Rd
Distance between this listing and this school0.25 miles
Public District Grades PK-5
5
/10
Maples Elementary School
6801 Mead St
Distance between this listing and this school0.29 miles
Public District Grades PK-5
2
/10
Gardner Elementary School
6528 Mansfield St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Nearby Schools
3
/10
Unis Middle School
7801 Maple St
Distance between this listing and this school0.64 miles
Public District Grades 6-8
2
/10
Detroit Premier Academy
7781 Asbury Park
Distance between this listing and this school0.82 miles
Public Charter Grades KG-8
5
/10
Lowrey Middle School
6601 Jonathon St
Distance between this listing and this school0.99 miles
Public District Grades 6-8
Nearby Schools
3
/10
Riverside Academy West Campus
6409 Schaefer Rd
Distance between this listing and this school0.89 miles
Public Charter Grades 6-12
6
/10
Fordson High School
13800 Ford Rd
Distance between this listing and this school1.16 miles
Public District Grades 9-12
1
/10
Cody High School
18445 Cathedral St
Distance between this listing and this school1.84 miles
The neighbors living near this home have an average income of $28,537. The most common annual income of people living in Dearborn, MI is less than $35k. Most families are married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7309 Payne Ave
What is the listing price of this property?
The listing price of 7309 Payne Ave property is $39,999.
What type of property is this?
The property 7309 Payne Ave is land located in Dearborn, Michigan, 48126.
Is this property for sale now?
Active Listing: 7309 Payne Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $533 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 24, 2020 for $15,000. (source: MLS/tax record).
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This home is located at 7309 Payne Ave in Dearborn, MI and zip code 48126 in the Oakman Grove neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $39,999.
In October 2024 more than 35 listings in Dearborn, MI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 26 were sold below. In October 2024 in Dearborn, MI there were 6.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 17 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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