R2 Zoned Infill Development Lot
For Sale
Contact for pricing
5500 TALBOT Street, Hamtramck, MI 48212
Residentially zoned land offered only as part of a three-lot infill bundle with DLBA-directed proposal requirements.
Property SizeContact for details
Days on Market55
Property Features for 5500 TALBOT Street
General Information
Standard status
Active
Property subtype
Land
Zoning
Residential
Amenities
no
Public Sewer
Public
0.1
Acres
20
Paved
20 x 218
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard Pickett · License #6501306589
(248) 440-2268
Source:
Rchbrokerage.idxbroker
Added: Jun 28
Changed: Aug 8
Last Checked: Jul 1 at 12:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RCH Brokerage Legacy Inc
Investment Insights
Based on property information with market context.
This offering consists of a residential land parcel presented as part of a three-lot bundle, and it is not available for sale separately. The bundle totals 10,373 square feet across 3 lots, and each lot is zoned R2.
The property is located at 5500 Talbot Street in Hamtramck, Michigan. Prospective buyers should review the DLBA proposal guidelines attached to the offering, along with relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department, for context regarding expected infill development goals.
The DLBA is seeking proposals for small- to medium-scale infill development intended to increase housing supply and restore the urban fabric, including density and walkability objectives. Offers must include Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership, and the tax capture may be incompatible with other tax abatement options available to the selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount determined based on the development pro forma and the impact of any tax abatement on purchase and development financing. BATVAI.
The property is located at 5500 Talbot Street in Hamtramck, Michigan. Prospective buyers should review the DLBA proposal guidelines attached to the offering, along with relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department, for context regarding expected infill development goals.
The DLBA is seeking proposals for small- to medium-scale infill development intended to increase housing supply and restore the urban fabric, including density and walkability objectives. Offers must include Proof of Funds with funds meeting or exceeding development costs. The DLBA is entitled to a tax capture for the five tax years following transfer of ownership, and the tax capture may be incompatible with other tax abatement options available to the selected purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, with the amount determined based on the development pro forma and the impact of any tax abatement on purchase and development financing. BATVAI.
Key Highlights
- Residentially zoned land offered only as part of a three‑lot infill bundle with 5506 and 5510 Talbot (not sold separately).
- 3‑lot bundle totals 10,373 SF across all three lots (includes this lot).
- Lot is 0.10 acres with 20 ft of paved road frontage and dimensions of 20 x 218.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Explore this area
Business Placement
Demographics for 48212, MI
43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residentially zoned land offered only as part of a three-lot infill bundle with DLBA-directed proposal requirements.
Where is this residential land & home lot located?
The property is located at 5500 TALBOT Street Hamtramck, MI.
What are key features of this property?
This property features: Residentially zoned land offered only as part of a three‑lot infill bundle with 5506 and 5510 Talbot (not sold separately).; 3‑lot bundle totals 10,373 SF across all three lots (includes this lot).; Lot is 0.10 acres with 20 ft of paved road frontage and dimensions of 20 x 218.
