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    Detroit Land Opportunity: Five Lots

    562 Westminster Street Detroit, MI 48202

    Claim this Listing
    For Sale
    $49,900

    LAND - Detroit, MI

    Lot size:
    0.13 Acres
    Added:
    May 14, 2026
    Days on Market:
    60
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 562 Westminster Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    W03I002627S
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Description
    S WESTMINSTER W 50 FT 39 HOUGHS L12 P49 PLATS, W C R 3/117 50 X 115

    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 May 14, 2026

    MLS# 20261034992 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.

    Located in Detroit's North End neighborhood, this offering includes five bundled vacant lots at 578, 570, 552, and 542 Westminster, in addition to 562 Westminster Street, Detroit, MI 48202. The combined area of the lots totals 28,750 square feet. The lots are zoned R3. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and enhance density and walkability. 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 Department for additional neighborhood context. The DLBA is entitled to a tax capture for the five tax years following property ownership transfer, which may be incompatible with available tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined after reviewing the development proforma and the effect of any tax abatement on financing.

    Key Highlights

    • Large bundled land parcel: 5 adjacent lots totaling 28,750 sqft.
    • Located in Detroit's popular North End neighborhood.
    • Zoned R3, suitable for small- to medium‑scale infill development.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Building Supply Nail Salon Pharmacy Auto Parts Store

    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 - Five residential lots in Detroit's North End neighborhood.
    Where is this residential land & home lot located?
    The property is located at 562 Westminster Street Detroit, MI.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Large bundled land parcel: 5 adjacent lots totaling 28,750 sqft.; Located in Detroit's popular North End neighborhood.; Zoned R3, suitable for small- to medium‑scale infill development.
    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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