Prime Land Opportunity Near
For Sale
$120,000
3561 LOVETT Street, Detroit, MI 48210
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market493
Property Features for 3561 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
14010857.
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
W LOVETT 206 SCOTTEN & LOVETTS SUB L3 P2 PLATS, W C R 14/62 30 X 146
Legal Description
W LOVETT 206 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: May 13
Last Checked: Aug 12 at 7:06AM
MLS# 20250023714
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, presenting a development opportunity near Corktown and downtown Detroit. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The DLBA is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may not be compatible with tax abatements or lot combinations otherwise available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatements on the purchase and development financing. Refer to the DLBA proposal guidelines for further details.
Key Highlights
- Prime location close to Corktown and downtown Detroit.
- Large land area: Over 35,000 square feet across 8 lots.
- Opportunity for small- to medium‑scale infill development.
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 near Corktown and downtown Detroit.
Where is this residential land & home lot located?
The property is located at 3561 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: Prime location close to Corktown and downtown Detroit.; Large land area: Over 35,000 square feet across 8 lots.; Opportunity for small- to medium‑scale infill development.
