Infill Development Land
For Sale
$120,000
3573 Lovett Street, Detroit, MI 48210
Eight residential lots are offered for small- to medium-scale infill development near downtown Detroit.
Property SizeContact for details
Days on Market494
Property Features for 3573 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 1:07PM
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 includes eight residential land lots with a combined total exceeding 35,000 square feet. Addresses included are 3573, 3555, 3533, 3539, 3545, 3549, 3561, and 3567 Lovett Street. The Detroit Land Bank Authority is soliciting proposals for small- to medium-scale infill development intended to help increase housing supply and restore the urban fabric, including density and walkability. Buyers should review the DLBA proposal guidelines for new build opportunities.
The property is described as being close to Corktown and downtown Detroit. Please refer to the DLBA materials for the relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
DLBA notes it is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes.
The property is described as being close to Corktown and downtown Detroit. Please refer to the DLBA materials for the relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
DLBA notes it is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements and/or lot combinations available to the selected purchaser, and DLBA will review requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes.
Key Highlights
- Eight residential lots offered for small- to medium‑scale infill development near downtown Detroit
- Includes more than 35,000 total SF of land
- Addresses: 3573, 3555, 3533, 3539, 3545, 3549, 3561, and 3567 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 for small- to medium-scale infill development near downtown Detroit.
Where is this residential land & home lot located?
The property is located at 3573 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 for small- to medium‑scale infill development near downtown Detroit; Includes more than 35,000 total SF of land; Addresses: 3573, 3555, 3533, 3539, 3545, 3549, 3561, and 3567 Lovett
