Detroit Land Opportunity Near
For Sale
$120,000
3545 LOVETT Street, Detroit, MI 48210
Vacant Land, Detroit, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market503
Property Features for 3545 LOVETT Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
SCOTTEN & LOVETTS SUB (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
W. of Scotten, S. of Magnolia
Standard status
Active
APN
14010860.
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
W LOVETT 203 SCOTTEN & LOVETTS SUB L3 P2 PLATS, W C R 14/62 30 X 146
Legal Description
W LOVETT 203 SCOTTEN & LOVETTS SUB L3 P2 PLATS, W C R 14/62 30 X 146
Utilities
Water source
Public
Listing Agency:
Bellabay Realty Tri Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Apr 7, 2025
Changed: Aug 19
Last Checked: Aug 22 at 8:06AM
MLS# 20250023687
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Eight lots, totaling over 35,000 square feet, are available near Corktown and downtown Detroit. The land presents an opportunity for development, especially for buyers interested in small- to medium-scale infill projects aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. The Detroit Land Bank Authority (DLBA) is seeking proposals aligned with these goals and recommends reviewing the City of Detroit's Planning and Development Department's Neighborhood Framework Plans for additional neighborhood context. Addresses include 3545, 3555, 3533, 3539, 3549, 3561, 3567, and 3573 Lovett Street. The DLBA retains a tax capture for five years following the property transfer, which may affect tax abatements or lot combinations. The DLBA will consider waiving its tax capture rights, potentially requiring a payment in lieu of taxes based on the development proforma and the impact of any tax abatements on financing. The total lot size is approximately 0.1 acres. Interested buyers should consult the DLBA proposal guidelines for new build opportunities and tax capture details.
Key Highlights
- Large land parcel: Over 35,000 square feet across 8 lots.
- Prime location: Close to Corktown and downtown Detroit.
- Investment opportunity: Suitable for small- to medium‑scale infill development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
343
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 near Corktown and downtown Detroit.
Where is this residential land & home lot located?
The property is located at 3545 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: Large land parcel: Over 35,000 square feet across 8 lots.; Prime location: Close to Corktown and downtown Detroit.; Investment opportunity: Suitable for small- to medium‑scale infill development.
