5767 Wabash Street Detroit, MI 48208

This residential land, zoned R2, presents an infill opportunity near the Motown Museum and the Henry Ford expansion. The property includes three lots: 5767, 5773 Wabash, and 2105 Antoinette. The combined lot size is approximately 0.13 acres. The land is offered as a package and the lots cannot be sold separately. Billions of dollars have been allocated for development in the surrounding area. Interested buyers should consult proposal guidelines for new build opportunities. Reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department is recommended for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. 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 effect of any tax abatement on the purchase and development financing.