Detroit Land Bundle
For Sale
$60,000
Pending
555 Smith Street, Detroit, MI 48202
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market227
Property Features for 555 Smith Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Wm Y Hamlin & S J Browns Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
South on Beaubien to Smith Street
Standard status
Pending
APN
W03I001954S
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
N SMITH 66 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.19A
Legal Description
N SMITH 66 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.19A
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 541-4000
Added: Jan 7
Changed: Jun 17
Last Checked: Aug 22 at 12:06AM
MLS# 20251061431
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.
Eleven contiguous residential parcels are available in Detroit's North End. The properties, located on Smith Street, are zoned residential and offer potential for new-build or infill development. Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, scope of work with renovation costs, and proof of previous projects with addresses and photos. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Buyers should consult proposal guidelines for new-build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The DLBA is entitled to tax capture for the 5 tax years after property ownership transfer. This tax capture may not be compatible with other tax abatements. 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 pro forma and the effect of any tax abatement on the purchase and development financing. The total lot size is 0.1 acres.
Key Highlights
- Bundle of 11 contiguous parcels offers a significant development opportunity in Detroit's North End.
- Zoned residential, ideal for new‑build/infill development projects.
- Opportunity to contribute to increasing housing supply, restoring urban fabric, and improving density/walkability as per DLBA goals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,935
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Eleven contiguous residential parcels in Detroit's North End for sale.
Where is this land located?
The property is located at 555 Smith Street Detroit, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Bundle of 11 contiguous parcels offers a significant development opportunity in Detroit's North End.; Zoned residential, ideal for new‑build/infill development projects.; Opportunity to contribute to increasing housing supply, restoring urban fabric, and improving density/walkability as per DLBA goals.
