Residential Development Land
For Sale
$120,000
3567 Lovett Street, Detroit, MI 48210
Eight residential lots totaling 35,000+ square feet are offered for small- to medium-scale infill development proposals.
Property SizeContact for details
Lot Size0.80 Acres
Days on Market493
Property Features for 3567 Lovett Street
General Information
Standard status
Active
Lot size
0.80 Acres
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 7, 2025
Changed: Aug 8
Last Checked: Jul 20 at 7:09PM
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 offering includes eight residential lots totaling over 35,000 square feet, available for small- to medium-scale infill development. The property is presented with an invitation for proposals, and prospective buyers are directed to consult the DLBA proposal guidelines for new build opportunities.
The parcels are located on Lovett Street in Detroit, with listed addresses including 3533, 3539, 3545, 3549, 3555, 3561, 3567, and 3573 Lovett. The DLBA notes the site’s proximity to Corktown and downtown Detroit and references goals including increasing housing supply and restoring the urban fabric, along with density and walkability.
The DLBA also advises that, following transfer of ownership, it is entitled to a tax capture for the five tax years subsequent to transfer. The tax capture may be incompatible with tax abatements and/or lot combinations that may otherwise be available to a purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on the development proforma.
The parcels are located on Lovett Street in Detroit, with listed addresses including 3533, 3539, 3545, 3549, 3555, 3561, 3567, and 3573 Lovett. The DLBA notes the site’s proximity to Corktown and downtown Detroit and references goals including increasing housing supply and restoring the urban fabric, along with density and walkability.
The DLBA also advises that, following transfer of ownership, it is entitled to a tax capture for the five tax years subsequent to transfer. The tax capture may be incompatible with tax abatements and/or lot combinations that may otherwise be available to a purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes based on the development proforma.
Key Highlights
- 8 residential lots totaling 35,000+ SF, offered for small- to medium‑scale infill development proposals
- Addresses included: 3567, 3555, 3533, 3539, 3545, 3549, 3561, and 3573 Lovett
- Detroit Land Bank Authority (DLBA) seeks proposals focused on increasing housing supply and restoring urban fabric
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
Demographics for 48210, MI
27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Eight residential lots totaling 35,000+ square feet are offered for small- to medium-scale infill development proposals.
Where is this residential land & home lot located?
The property is located at 3567 Lovett Street Detroit, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 8 residential lots totaling 35,000+ SF, offered for small- to medium‑scale infill development proposals; Addresses included: 3567, 3555, 3533, 3539, 3545, 3549, 3561, and 3573 Lovett; Detroit Land Bank Authority (DLBA) seeks proposals focused on increasing housing supply and restoring urban fabric
