Infill Residential Development
For Sale
$120,000
3549 Lovett Street, Detroit, MI 48210
Eight residential lots are offered near Corktown and downtown Detroit for small- to medium-scale infill development.
Property SizeContact for details
Days on Market494
Property Features for 3549 Lovett 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 7, 2025
Changed: Aug 8
Last Checked: Jul 20 at 5:47PM
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.
The offering consists of eight residential land lots, with a combined area of more than 35,000 square feet. Addresses included in the assemblage are 3533, 3539, 3545, 3549, 3555, 3561, 3567, and 3573 Lovett Street.
The Detroit Land Bank Authority is soliciting proposals for small- to medium-scale infill development intended to increase housing supply and restore urban fabric, including density and walkability goals. Interested buyers should review the DLBA proposal guidelines for new build opportunities and the relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note that DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to the selected purchaser. DLBA will review requests to waive tax capture and may require a payment in lieu of taxes, determined based on the development pro forma and the impact of any abatements on purchase and development financing.
The Detroit Land Bank Authority is soliciting proposals for small- to medium-scale infill development intended to increase housing supply and restore urban fabric, including density and walkability goals. Interested buyers should review the DLBA proposal guidelines for new build opportunities and the relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note that DLBA is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to the selected purchaser. DLBA will review requests to waive tax capture and may require a payment in lieu of taxes, determined based on the development pro forma and the impact of any abatements on purchase and development financing.
Key Highlights
- Eight residential lots offered near Corktown and downtown Detroit for small- to medium‑scale infill development.
- Total land area: over 35,000 SF.
- Addresses included: 3533, 3539, 3545, 3549, 3555, 3561, 3567, and 3573 Lovett.
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Eight residential lots are offered near Corktown and downtown Detroit for small- to medium-scale infill development.
Where is this residential land & home lot located?
The property is located at 3549 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: Eight residential lots offered near Corktown and downtown Detroit for small- to medium‑scale infill development.; Total land area: over 35,000 SF.; Addresses included: 3533, 3539, 3545, 3549, 3555, 3561, 3567, and 3573 Lovett.
