Residential Development Land
For Sale
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2203 LOTHROP St, Detroit, MI 48206
Vacant lot for small- to medium-scale infill housing development in Detroit’s urban core.
Property SizeContact for details
Days on Market28
Property Features for 2203 LOTHROP St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri-Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 5:21PM
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 is for a vacant residential land parcel suitable for new housing construction. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, including density and walkability. Interested buyers are directed to review the DLBA proposal guidelines for new build opportunities.
The property is described as being close to the Motown Museum and Henry Ford Hospital, with access to the New Center/Downtown area. Transit scores indicate good public transportation access, while walkability is described as more limited.
Additional terms noted by the DLBA include entitlement to 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, based on the submitted development proforma and the effect of any tax abatement on purchase and development financing.
The property is described as being close to the Motown Museum and Henry Ford Hospital, with access to the New Center/Downtown area. Transit scores indicate good public transportation access, while walkability is described as more limited.
Additional terms noted by the DLBA include entitlement to 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, based on the submitted development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant lot in Detroit’s urban core for small- to medium‑scale infill housing development
- DLBA seeking proposals to increase housing supply and restore the urban fabric, density, and walkability
- Proximity to Motown Museum, Henry Ford Hospital, and New Center/Downtown area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,133
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot for small- to medium-scale infill housing development in Detroit’s urban core.
Where is this residential land & home lot located?
The property is located at 2203 LOTHROP St 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 lot in Detroit’s urban core for small- to medium‑scale infill housing development; DLBA seeking proposals to increase housing supply and restore the urban fabric, density, and walkability; Proximity to Motown Museum, Henry Ford Hospital, and New Center/Downtown area
