Property Disposal Frequently Asked Questions
- What is excess property?
- How can I buy excess property?
- How are excess property values determined?
- If I make an offer to purchase excess property, can I negotiate price and terms with MDOT?
- Will MDOT pay real estate commissions?
- How long does it take to close an excess property sales transaction with the state?
- Where can I find out more about MDOT excess property?
1. What is excess property?
The Michigan Department of Transportation (MDOT) acquires land for highway construction. There may be surplus land that remains upon completion of highway construction. MDOT may no longer have a need to retain the surplus land. If MDOT determines the surplus land is no longer needed it may be deemed as Excess property and may be made available for purchase by direct sale or public auction. The surplus property may be vacant land or land improved with buildings.
4. If I make an offer to purchase excess property, can I negotiate price and terms with MDOT?
MDOT policy and Federal Regulations do not provide for negotiating the sale of excess property at less than appraised market value.
6. How long does it take to close an excess property sales transaction with the state?
The process can take a minimum of 9 months to a year or more. Once the sale has been approved and signed purchase agreement and payment have been submitted a deed is sent to be recorded within 10 days.
7. Where can I find out more about MDOT excess property?
Information about MDOT land sales may be accessed at our property disposal web page.