Residential Infill Development
For Sale
Contact for pricing
5719 Wabash Street, Detroit, MI 48208
Vacant residential land available near Downtown Detroit and major institutional employers.
Property SizeContact for details
Days on Market497
Property Features for 5719 Wabash Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri Counties
(313) 204-0310
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Source:
Compass
Added: Apr 4, 2025
Changed: Aug 8
Last Checked: Jul 20 at 5:31PM
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 Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This listing offers vacant residential land suitable for small- to medium-scale infill development. The Detroit Land Bank Authority (DLBA) is seeking proposals focused on increasing housing supply and restoring the urban fabric through added density and walkability. Interested buyers should review DLBA proposal guidelines for new build opportunities.
The property is described as being close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas in Detroit.
As noted by DLBA, the authority is entitled to a tax capture for the five tax years following transfer of ownership. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatements on purchase and development financing.
The property is described as being close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas in Detroit.
As noted by DLBA, the authority is entitled to a tax capture for the five tax years following transfer of ownership. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Vacant residential land available near Downtown Detroit.
- Close to Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.
- DLBA seeks proposals for small- to medium‑scale residential infill development to increase housing supply and density.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential land available near Downtown Detroit and major institutional employers.
Where is this residential land & home lot located?
The property is located at 5719 Wabash Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Vacant residential land available near Downtown Detroit.; Close to Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.; DLBA seeks proposals for small- to medium‑scale residential infill development to increase housing supply and density.
