Detroit Land Bundle For
For Sale
Contact for pricing
5175 Vermont St, Detroit, MI 48208
Land bundle in Woodbridge area for infill development.
Property SizeContact for details
Days on Market108
Property Features for 5175 Vermont St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 16 at 9:25AM
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 SCS Great Lakes INC
Investment Insights
Based on property information with market context.
Located in the Woodbridge area of Detroit (zip 48208), the properties at 5161, 5169 & 5175 Vermont are part of a bundle package and must be sold together. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. 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 will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The location has a bike score of 68, indicating it is bikeable, a walk score of 40, indicating car-dependent, and a transit score of 50, indicating good transit.
Key Highlights
- Bundle package of 3 properties (5161, 5169 & 5175 Vermont) for $25,000.
- Located in the strategic Woodbridge area of Detroit (48208).
- Opportunity for small- to medium‑scale infill development to increase housing supply.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,828
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land bundle in Woodbridge area for infill development.
Where is this residential land & home lot located?
The property is located at 5175 Vermont St Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Bundle package of 3 properties (5161, 5169 & 5175 Vermont) for $25,000.; Located in the strategic Woodbridge area of Detroit (48208).; Opportunity for small- to medium‑scale infill development to increase housing supply.
