Detroit Land Bank Congruent
For Sale
Contact for pricing
554 Concord Street, Detroit, MI 48207
Vacant Land, Detroit, MI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market164
Property Features for 554 Concord Street
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial,Multiple,Resid
Subdivision
Walker & Coopers
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
N of Lafeyette and W of E Grand Blvd
Standard status
Active
APN
W15I010643S
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
E CONCORD S 33 FT OF W 107.64 FT OF 5 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATS, W C R 15/16 33 X 107.64
Legal Description
E CONCORD S 33 FT OF W 107.64 FT OF 5 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATS, W C R 15/16 33 X 107.64
Utilities
Water source
Public
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Mar 11
Changed: Aug 20
Last Checked: Aug 21 at 3:06PM
MLS# 20261012558
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 bundled package from Detroit Land Bank Authority includes 4 congruent lots, totaling 14,256 sq ft or roughly 0.33 acres. The lots at 554 Concord, 540 Concord, 548 Concord, and 534 Concord are being sold together. These vacant lots provide space for expansion or new construction and are located in a growing area. The Detroit Land Bank Authority 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. 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. Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, scope of work with a breakdown of renovation costs, and proof of previous projects including addresses and photos. 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.
Key Highlights
- Bundled package of 4 congruent vacant lots totaling 14,256 sq ft (approx. 0.33 acres).
- Located in a growing area with convenient access.
- Suitable for expansion or new construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Four lots totaling 0.33 acres in a growing Detroit area.
Where is this commercial land located?
The property is located at 554 Concord Street Detroit, MI.
What are key features of this property?
This property features: Bundled package of **4 congruent vacant lots totaling 14,256 sq ft (approx. 0.33 acres)**.; Located in a growing area with convenient access.; Suitable for expansion or new construction.
