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    4454 15Th St Detroit, MI 48208

    For Sale
    $60,000

    Vacant Land - Detroit, MI

    Lot size:
    0.12 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 4454 15Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Residential
    APN
    W10I005520S
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

    Bellabay Realty Tri-Counties (248) 274-6614 [email protected]

    Listing agent Natasha C Richards (248) 274-6614

    Listing date Jun 24, 2025

    MLS# 20250010047 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Land Investment Opportunity

    Located in a rapidly developing Detroit community, this investment opportunity includes three parcels of land at 4454, 4450, and 4466 15th St. The parcels are to be sold together. The Detroit Land Bank Authority (DLBA) seeks development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood. The property's zoning is Residential and Multi-Family. The combined lot size is 0.12 acres. The location is near Midtown, Wayne State University, Motor City Casino, and the Michigan Central Station Project Development, with many nearby restaurants and entertainment options. This growing community is located a few minutes from Downtown Detroit, Corktown, and major expressways, I-75 and I-96. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities and review relevant neighborhood framework plans from the City of Detroit’s Planning and Development Dept. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with other tax abatements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0857158
    Latitude
    42.345663

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    FAQs

    What type of property is this?
    Residential land & home lot - Three parcels for sale in a developing Detroit community.
    Where is this residential land & home lot located?
    The property is located at 4454 15Th St Detroit, MI.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in a rapidly developing Detroit community.; - Three parcels (4454, 4450 & 4466 15th St.) included in the sale.; - Ideal for multiple homes or a small to medium multi-family development.
    (248) 274-6614
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    Detroit, MI 48208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4454 15Th St Detroit, MI 48208
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