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    Detroit Land Bundle Opportunity

    5122 WABASH Street Detroit, MI 48208

    Claim this Listing
    For Sale
    $35,000

    LAND - Detroit, MI

    Lot size:
    0.14 Acres
    Added:
    Mar 23, 2023
    Days on Market:
    1208
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 5122 WABASH Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    08008887.
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    E WABASH 37 S 18 FT ON W LINE BG S 16.20 FT ON E LINE 38 CANDLERS SUB L1 P274 PLATS, WCR 8/66 49 IRREG

    Utilities

    Water source
    Public

    Listing agent Leonard A Pickett III License #6501306589

    Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

    Listing date Mar 23, 2023

    MLS# 20230019781 Listing URL

    Copyright © 2026 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.

    Investment Insights

    Based on property information with market context.

    This offering comprises a bundle of seven vacant residential lots located in Detroit, MI. The lots, situated at 5108, 5118, 5130, 5142 Wabash, and 2040, 2038 Putnam, are not sold separately and total 20,984 square feet. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers are encouraged to 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 Department for additional neighborhood context. Note that the DLBA is entitled to a tax capture for the five tax years following property ownership transfer. This tax capture may conflict with available tax abatements. The DLBA will consider waiving its tax capture rights upon request, potentially requiring a payment in lieu of taxes, determined after reviewing the development proforma and the impact of any tax abatement on financing.

    Key Highlights

    • Bundled sale of 7 vacant lots totaling 20,984 sqft.
    • Ideal for small- to medium‑scale infill development.
    • Opportunity to increase housing supply, density, and walkability.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Hair Salon HVAC Service Nail Salon Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store Building Supply

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

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    FAQs

    What type of property is this?
    Residential land & home lot - Seven residential lots totaling 20,984 sqft in Detroit, MI.
    Where is this residential land & home lot located?
    The property is located at 5122 WABASH Street Detroit, MI.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Bundled sale of 7 vacant lots totaling 20,984 sqft.; Ideal for small- to medium‑scale infill development.; Opportunity to increase housing supply, density, and walkability.
    Contact an agent
    (248) 440-2268
    We can help!
    Contact an agent
    Leonard A Pickett III
    Real Estate License ID: 6501306589
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