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Residential Land Infill Opportunity
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5734 WABASH Street, Detroit, MI 48208

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.09 Acres
Days on Market508

Property Features for 5734 WABASH Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision CANDLERS SUB (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions W. of Rosa Parks, N. of I-94
Standard status Active
APN 08008911.
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description E WABASH 30 CANDLERS SUB L14 P15 1/2 PLATS, W C R 8/109 30 X 133.33
Legal Description E WABASH 30 CANDLERS SUB L14 P15 1/2 PLATS, W C R 8/109 30 X 133.33

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 4, 2025 Changed: Aug 19 Last Checked: Aug 24 at 2:06AM
MLS# 20250022250

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 residential infill opportunity includes two parcels located at 5734 & 5740 Wabash, situated close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University, as well as future major developing areas. The combined lot size is 0.09 acres. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, 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 neighborhood context. The DLBA is entitled to a tax capture for the 5 tax years after transferring ownership. This tax capture may be incompatible with tax abatements and/or lot combinations. 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Key Highlights

  • Infill opportunity on two parcels for small- to medium‑scale development.
  • Located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.
  • Total price for all lots is $22,000.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

684
Businesses Nearby

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two parcels near Downtown, Motown Museum, and Wayne State.
Where is this residential land & home lot located?
The property is located at 5734 WABASH Street Detroit, MI.
What are key features of this property?
This property features: Infill opportunity on two parcels for small- to medium‑scale development.; Located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.; Total price for all lots is $22,000.
More about this property
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