Residential Land in Growing
For Sale
$49,500
5224 LINWOOD Street, Detroit, MI 48208
Vacant Land, Detroit, MI
Property SizeContact for details
Lot Size0.11 Acres
Days on Market860
Property Features for 5224 LINWOOD Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
FORDS SUB (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
Grand River & I-94
Standard status
Active
APN
10007345.
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
E LINWOOD 7 FORDS SUB L10 P23 PLATS, W C R 10/89 30 X 151.56
Legal Description
E LINWOOD 7 FORDS SUB L10 P23 PLATS, W C R 10/89 30 X 151.56
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 17, 2024
Changed: Aug 19
Last Checked: Aug 24 at 11:06PM
MLS# 20240024964
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 investment opportunity is located in a growing community near Downtown Detroit, Corktown, I-75, and I-96. The property is zoned for residential and multifamily projects. The lot size is 30x151.56, which is approximately 0.11 acres. Interested buyers should consult proposal guidelines for new build opportunities. It is recommended to review 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, which 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.
Key Highlights
- Prime location near Downtown Detroit, Corktown, and major expressways (I‑75 and I‑96).
- Zoned for both Residential and Multifamily projects.
- Located in a growing and vibrant community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
526
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?
Land - Investment opportunity near Downtown Detroit, zoned for residential and multifamily.
Where is this land located?
The property is located at 5224 LINWOOD Street Detroit, MI.
What is the asking price?
The asking price for this property is $49,500.
What are key features of this property?
This property features: Prime location near Downtown Detroit, Corktown, and major expressways (I‑75 and I‑96).; Zoned for both Residential and Multifamily projects.; Located in a growing and vibrant community.
