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Two Detroit Vacant Lots
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1546 COLLINGWOOD Street, Detroit, MI 48206

Two vacant lots ideal for infill development in Detroit.

Property SizeContact for details
Days on Market499

Property Features for 1546 COLLINGWOOD Street

General Information

Standard status Active
Property subtype Lots/Land
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo · License #6501330189
Source: Exitrealty
Added: Apr 2, 2025 Changed: Aug 8 Last Checked: Jul 15 at 11:09PM

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 Keller Williams Realty-Great Lakes

Investment Insights

Based on property information with market context.

This offering includes two vacant lots, presenting a development opportunity. The lots are located at 1546 Collingwood and 1532 Collingwood. These lots are suitable for building a new home or an investment property. The Detroit Land Bank is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The Detroit Land Bank also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The Detroit Land Bank 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. The Detroit Land Bank 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

  • Two vacant lots (1546 Collingwood & 1532 Collingwood) offered as a bundle for infill development.
  • Prime location in a growing Detroit community with great potential for new construction or investment property.
  • Opportunity to participate in Detroit's revitalization efforts.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two vacant lots ideal for infill development in Detroit.
Where is this residential land & home lot located?
The property is located at 1546 COLLINGWOOD 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: Two vacant lots (1546 Collingwood & 1532 Collingwood) offered as a bundle for infill development.; Prime location in a growing Detroit community with great potential for new construction or investment property.; Opportunity to participate in Detroit's revitalization efforts.
More about this property
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