Vacant Land in Woodbridge
For Sale
$39,900
5173 WABASH Street, Detroit, MI 48208
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.42 Acres
Days on Market904
Property Features for 5173 WABASH Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
PLAT OF GODFROY FARM (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
S of 94, E of W Grand River
Standard status
Active
APN
W10I004652S
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
W WABASH 523 PLAT OF GODFROY FARM L7 P55 PLATS, W C R 10/50 40 X 152.59A
Legal Description
W WABASH 523 PLAT OF GODFROY FARM L7 P55 PLATS, W C R 10/50 40 X 152.59A
Utilities
Water source
Public
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Feb 14, 2024
Changed: May 13
Last Checked: Aug 6 at 1:06AM
MLS# 20240007648
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 vacant land located in the Woodbridge neighborhood of Detroit, specifically including the addresses 5173 Wabash, 5167 Wabash, and 5159 Wabash. Each lot is approximately 0.14 acres, totaling 0.42 acres. The listed purchase price is $39,900. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development. The goal is to increase housing supply, restore the urban fabric, and enhance density and walkability in the area. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities. It is also recommended to review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. This tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and the effect of any tax abatement on the purchase and development financing.
Key Highlights
- Three adjacent vacant lots totaling approximately .42 acres.
- Located in the Woodbridge neighborhood.
- Opportunity for small- to medium‑scale infill development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three residential lots available for infill development in Detroit.
Where is this residential land & home lot located?
The property is located at 5173 WABASH Street Detroit, MI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Three adjacent vacant lots totaling approximately .42 acres.; Located in the Woodbridge neighborhood.; Opportunity for small- to medium‑scale infill development.
