537 Smith St, Detroit, MI 48202

Eleven residential land parcels are available in Detroit's North End. The properties, located on Smith Street, include 525 Smith, 531 Smith, 537 Smith, 543 Smith, 549 Smith, 555 Smith, 561 Smith, 567 Smith, 573 Smith, 579 Smith, and 585 Smith. The parcels must be purchased together as a bundle and cannot be split. Zoned residential, the property offers potential for a new-build or infill development opportunity. Interested buyers must submit a project proposal, proof of funds, scope of work, and proof of previous projects. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the proposal guidelines for new-build opportunities and 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 tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements 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 property has a bike score of 70, indicating it is very bikeable, a walk score of 85, indicating it is very walkable, and a transit score of 53, indicating good transit options.