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Residential Land Bundle in Detroit
For Sale
$60,000
Pending

531 Smith Street, Detroit, MI 48202

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market211

Property Features for 531 Smith Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Wm Y Hamlin & S J Browns Sub
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions South on Beaubien to Smith Street
Standard status Pending
APN W03I001950S
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description N SMITH 62 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.07A
Legal Description N SMITH 62 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.07A
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Jan 7 Changed: Jun 17 Last Checked: Aug 6 at 1:06AM
MLS# 20251061423

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 is an opportunity to own 11 vacant land parcels in Detroit's North End. The property, zoned residential, offers excellent potential for a new-build or infill development opportunity. The listing includes 11 contiguous parcels: 525 Smith, 531 Smith, 537 Smith, 543 Smith, 549 Smith, 555 Smith, 561 Smith, 567 Smith, 573 Smith, 579 Smith, and 585 Smith. The parcels, totaling 0.1 acres, must be purchased together and cannot be split. Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, scope of work with a breakdown of renovation costs, and proof of previous projects including addresses and photos. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the proposal guidelines for new-build opportunities and 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 tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes.

Key Highlights

  • Bundle of 11 contiguous parcels in Detroit's North End, offering a significant development opportunity.
  • Zoned residential, ideal for new‑build/infill development.
  • Contribute to increasing housing supply and restoring the urban fabric.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Nail Salon Hair Salon Auto Parts Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,935
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Eleven residential parcels for new construction in Detroit's North End.
Where is this land located?
The property is located at 531 Smith Street 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: Bundle of 11 contiguous parcels in Detroit's North End, offering a significant development opportunity.; Zoned residential, ideal for new‑build/infill development.; Contribute to increasing housing supply and restoring the urban fabric.
More about this property
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