Detroit Land Bundle
For Sale
$35,000
5122 WABASH Street, Detroit, MI 48208
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market1240
Property Features for 5122 WABASH Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
CANDLERS SUB OF BLOCKS 3 THRU 11
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE WARREN HEADED EAST PASS GRAND RIVER MAKE LEFT ONTO WABASH, PROPERTY ON RIGHT SIDE
Standard status
Active
APN
08008887.
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
E WABASH 37 S 18 FT ON W LINE BG S 16.20 FT ON E LINE 38 CANDLERS SUB L1 P274 PLATS, WCR 8/66 49 IRREG
Legal Description
E WABASH 37 S 18 FT ON W LINE BG S 16.20 FT ON E LINE 38 CANDLERS SUB L1 P274 PLATS, WCR 8/66 49 IRREG
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Added: Mar 23, 2023
Changed: May 13
Last Checked: Aug 13 at 2:06AM
MLS# 20230019781
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.
This offering comprises a bundle of seven vacant residential lots located in Detroit, MI. The lots, situated at 5108, 5118, 5130, 5142 Wabash, and 2040, 2038 Putnam, are not sold separately and total 20,984 square feet. 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 are encouraged to 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. Note that the DLBA is entitled to a tax capture for the five tax years following property ownership transfer. This tax capture may conflict with available tax abatements. The DLBA will consider waiving its tax capture rights upon request, potentially requiring a payment in lieu of taxes, determined after reviewing the development proforma and the impact of any tax abatement on financing.
Key Highlights
- Bundled sale of 7 vacant lots totaling 20,984 sqft.
- Ideal for small- to medium‑scale infill development.
- Opportunity to increase housing supply, density, and walkability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven residential lots totaling 20,984 sqft in Detroit, MI.
Where is this residential land & home lot located?
The property is located at 5122 WABASH Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Bundled sale of 7 vacant lots totaling 20,984 sqft.; Ideal for small- to medium‑scale infill development.; Opportunity to increase housing supply, density, and walkability.
