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Detroit Land Development Opportunity
For Sale
$99,000

5387 BANGOR Street, Detroit, MI 48210

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.05 Acres
Days on Market860

Property Features for 5387 BANGOR Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision CRAINS SUB OF LOT 95 PC56 3
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions S. of McGraw, W. of Bangor
Standard status Active
APN 14010499.
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description W BANGOR E 68 FT 34 CRAINS SUB L3 P91 PLATS, W C R 14/121 31 X 68
Legal Description W BANGOR E 68 FT 34 CRAINS SUB L3 P91 PLATS, W C R 14/121 31 X 68

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 17, 2024 Changed: Aug 20 Last Checked: Aug 24 at 8:06PM
MLS# 20240024458

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 land-based site presents a development opportunity near the thriving Grand Boulevard and Midtown area. The offering includes nine lots with addresses at 5387, 5381, 5373, 5367, 5359, 5353 Bangor, and 4115, 4121, 4127 McGraw in Detroit, MI. The total lot size is 0.05 acres. The Detroit Land Bank Authority (DLBA) seeks proposals supporting the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the DLBA's proposal guidelines for land-based sites and their Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The DLBA is entitled to a tax capture for the five tax years after transferring ownership. This tax capture may be incompatible with other tax abatements available to the 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. The zoning is residential.

Key Highlights

  • Nine contiguous lots offer significant development potential.
  • Proximity to the thriving Grand Blvd/Midtown development.
  • Suited for land‑based projects like urban agriculture or beautification.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 48210, MI

27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nine residential lots near Grand Blvd/Midtown development.
Where is this residential land & home lot located?
The property is located at 5387 BANGOR Street Detroit, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Nine contiguous lots offer **significant development potential**.; Proximity to the thriving Grand Blvd/Midtown development.; Suited for land‑based projects like urban agriculture or beautification.
More about this property
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