Detroit Land Bank Development
For Sale
$30,000
583 Leicester Court, Detroit, MI 48202
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market134
Property Features for 583 Leicester Court
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Thomas & Wagners Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE WOODWARD HEADED NORTH PASS E GRAND BLVD. MAKE RIGHT ONTO LEICESTER.
Standard status
Active
APN
W03I002566S
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
N LEICESTER 28 BLK 3-- THOMAS & WAGNERS L11 P80 PLATS, W C R 3/113 30 X 117
Legal Description
N LEICESTER 28 BLK 3-- THOMAS & WAGNERS L11 P80 PLATS, W C R 3/113 30 X 117
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Added: Apr 10
Changed: May 13
Last Checked: Aug 21 at 6:06PM
MLS# 20261024057
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 a bundled sale of four vacant lots located at 589, 577, 595, and 583 Leicester Court in Detroit, MI. The combined area of the lots totals 14,032 square feet. These lots are not available for individual purchase and must be acquired together. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability in the area. Interested buyers are advised to consult the DLBA's proposal guidelines for new build opportunities. Additionally, the DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department to gain additional context about the neighborhood. Please note that the Detroit Land Bank Authority 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. Additional DLBA requirements are outlined in the attached documents.
Key Highlights
- Bundled sale of 4 vacant lots totaling 14,032 sqft.
- Opportunity for small- to medium‑scale infill development.
- Ideal for restoring urban fabric, density, and walkability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four bundled vacant lots totaling 14,032 sqft in Detroit.
Where is this residential land & home lot located?
The property is located at 583 Leicester Court Detroit, MI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Bundled sale of 4 vacant lots totaling 14,032 sqft.; Opportunity for small- to medium‑scale infill development.; Ideal for restoring urban fabric, density, and walkability.
