Vacant Land Opportunity with Multiple
5357 Mitchell Street Detroit, MI 48211
5357 Mitchell Street, Detroit, MI, 48211
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For Sale
Contact for pricing
For sale vacant land site consisting of three lots with addresses at 5357, 5347, and 5361 Mitchell.
Days on Market472
Property Features for 5357 Mitchell 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 Updated: Jul 21 at 4:13PM Checked: Jul 22 at 7:04AM
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 for-sale land-based site includes three separate lots with addresses listed as 5357, 5347, and 5361 Mitchell. The property is described as vacant land, and the DLBA’s process focuses on proposals to support activation and stewardship of vacant sites, including options such as urban agriculture, gardening, or beautification.
The DLBA notes that it is entitled to a tax capture for the five tax years following transfer of ownership, and the tax capture may be incompatible with tax abatement that could otherwise be available to a 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, based on the development proforma and the effect of any tax abatement on purchase and development financing.
Interested buyers are directed to consult the DLBA’s proposal guidelines and its Guide to Plot Plan, Site Design, and Maintenance for requirements related to land-based sites.
The DLBA notes that it is entitled to a tax capture for the five tax years following transfer of ownership, and the tax capture may be incompatible with tax abatement that could otherwise be available to a 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, based on the development proforma and the effect of any tax abatement on purchase and development financing.
Interested buyers are directed to consult the DLBA’s proposal guidelines and its Guide to Plot Plan, Site Design, and Maintenance for requirements related to land-based sites.
Key Highlights
- Vacant land site for sale consisting of three lots
- Addresses include 5357, 5347, and 5361 Mitchell
- DLBA requests proposals for activation and stewardship of vacant land sites (urban agriculture, gardening, or beautification)
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - For sale vacant land site consisting of three lots with addresses at 5357, 5347, and 5361 Mitchell.
Where is this agricultural land / farmland located?
The property is located at 5357 Mitchell Street 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: Vacant land site for sale consisting of three lots; Addresses include 5357, 5347, and 5361 Mitchell; DLBA requests proposals for activation and stewardship of vacant land sites (urban agriculture, gardening, or beautification)
