7116 Ternes Street
Dearborn, Michigan 48126
Acres (Lot)
--Great opportunity to acquire a city-owned, Residential-zoned (A) lot that is situated close to essential amenities. Perfect for single housing development, this property is offered as a cash-only, "as-is" sale with a requirement that the successful bidder commence construction within 24 months of closing and close within 90 days of the effective date of the purchase agreement. Per city policy, the property will remain on the market for a minimum of two (2) weeks prior to bid reviews; all offers are welcomed, though the city reserves the right to reject any bid. Buyer and buyer's agent to independently verify all measurements, zoning, flood zone status, and building code guidelines.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.00 Lot Dimensions: 55 x 122.5 Frontage Feet: 55 -
Property Information
Financing: Cash
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Listing Price Information
Original List Price: $60,000 -
Listing Information
Possession: At Close Legal Description: BEGINNING AT THE NW CORNER OF LOT 77, JOHN H WALSH WARREN & CHASE PARK SUB AS RECORDED IN LIBER 42, PAGE 56 WAYNE COUNTY RECORDS: THENCE N 02 40 55 W 9 FT ALONG THE E LINE OF TERNES ST (60' WIDE); THENCE N 88 12 04 E 122.50 FT ALONG THE CENTERLINE OF AN EAST-WEST ALLEY, VACATED IN LIBER 57389, PAGE 1347, WAYNE COUNTY RECORDS; THENCE S 02 40 55 E 63.86 FT ALONG THE CENTERLINE OF A NORTH-SOUTH ALLEY, VACATED IN LIBER 57389, PAGE 1347 WAYNE COUNTY RECORDS; THENCE S 87 19 05 W 9 FT; THENCE S 88 12 0 4 W 113.50 FT; THENCE N 02 40 55 W 55 FT ALONG THE SAID EAST LINE OF TERNES ST. (60 WIDE), ALSO BEING THE WEST LINE OF SAID LOTS 77 AND 78 TO THE POINT OF BEGINNING. CONTAINING 0.18 ACRES OF LAND MORE OR LESS AND BEING SUBJECT TO ANY EASEMENTS OR
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Tax Information
Annual Tax: $0 Parcel Number: 32821007109020 -
Possession
At Close -
Legal Information
Legal Description: Section: BEGINNING AT THE NW CORNER OF LOT 77, JOHN H WALSH WARREN & CHASE PARK SUB AS RECORDED IN LIBER 42, PAGE 56 WAYNE COUNTY RECORDS: THENCE N 02 40 55 W 9 FT ALONG THE E LINE OF TERNES ST (60' WIDE); THENCE N 88 12 04 E 122.50 FT ALONG THE CENTERLINE OF AN EAST-WEST ALLEY, VACATED IN LIBER 57389, PAGE 1347, WAYNE COUNTY RECORDS; THENCE S 02 40 55 E 63.86 FT ALONG THE CENTERLINE OF A NORTH-SOUTH ALLEY, VACATED IN LIBER 57389, PAGE 1347 WAYNE COUNTY RECORDS; THENCE S 87 19 05 W 9 FT; THENCE S 88 12 0 4 W 113.50 FT; THENCE N 02 40 55 W 55 FT ALONG THE SAID EAST LINE OF TERNES ST. (60 WIDE), ALSO BEING THE WEST LINE OF SAID LOTS 77 AND 78 TO THE POINT OF BEGINNING. CONTAINING 0.18 ACRES OF LAND MORE OR LESS AND BEING SUBJECT TO ANY EASEMENTS OR
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Multi-Unit Information
Road Frontage: Paved -
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School Information
School District: Dearborn -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8511 Lonyo Street , Dearborn, MI, 48126 | $134,900 | -- | -- | -- | 0.39 Acre(Lot) |
| 11 Morross Circle , Dearborn, MI, 48126 | $39,900 | -- | -- | -- | 0.16 Acre(Lot) |
| 7929 Normile Street , Dearborn, MI, 48126 | $44,999 | -- | -- | -- | 0.11 Acre(Lot) |
| 7900 Middlepointe Street , Dearborn, MI, 48126 | $49,900 | -- | -- | -- | 0.11 Acre(Lot) |
| 7645 Theisen Street , Dearborn, MI, 48126 | $87,000 | -- | -- | -- | 0.11 Acre(Lot) |
| 5861 Bingham Street , Dearborn, MI, 48126 | $25,000 | -- | -- | -- | 0.11 Acre(Lot) |
| 7927 Bingham Street , Dearborn, MI, 48126 | $49,900 | -- | -- | -- | 0.12 Acre(Lot) |
| 7730 Calhoun Street , Dearborn, MI, 48126 | $49,900 | -- | -- | -- | 0.11 Acre(Lot) |
| 7800 Schaefer Road , Dearborn, MI, 48126 | $575,000 | -- | -- | -- | 0.95 Acre(Lot) |
| 5492 Middlesex Street , Dearborn, MI, 48126 | $85,000 | -- | -- | -- | 0.09 Acre(Lot) |
Similar Land To 7116 Ternes Street
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 08/04/2026 @ 16:47
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