5773 Wabash Street Detroit, MI 48208

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Added: Sep 24, 2025 Updated: May 13 at 3:31AM Checked: Jul 22 at 3:06PM

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MLS# 20251037277

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Investment Insights

Based on property information with market context.

This residential land presents an infill opportunity near the Motown Museum and the Henry Ford expansion. The property, zoned R2 Residential, consists of three lots: 5767, 5773 Wabash, and 2105 Antoinette. The total lot size is 0.13 acres. The lots are being sold together. 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. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with other tax abatements. 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 effect of any tax abatement on the purchase and development financing.

Key Highlights

• Prime infill opportunity in a rapidly developing area.
• Close proximity to Motown Museum and Henry Ford expansion.
• Billions of dollars allocated for development in the surrounding area.

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FAQs

What type of property is this?

Residential land & home lot - Residential land opportunity near Motown Museum and Henry Ford expansion.

Where is this residential land & home lot located?

The property is located at 5773 Wabash 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: Prime infill opportunity in a rapidly developing area.; Close proximity to Motown Museum and Henry Ford expansion.; Billions of dollars allocated for development in the surrounding area.