Residential Land Infill
For Sale
Contact for pricing
5740 WABASH Street, Detroit, MI 48208
Vacant Land, Detroit, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market504
Property Features for 5740 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
08008912.
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
E WABASH 29 CANDLERS SUB L14 P15 1/2 PLATS, W C R 8/109 30 X 133.33
Legal Description
E WABASH 29 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
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Apr 8, 2025
Changed: Aug 19
Last Checked: Aug 24 at 2:06AM
MLS# 20250023911
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 5740 & 5734 Wabash, Detroit, MI 48208. The properties are situated close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The total lot size is 0.09 acres. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult the DLBA 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 Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements and/or lot combinations. 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 consisting of two parcels (5740 & 5734 Wabash).
- Prime location near Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.
- Opportunity for small- to medium‑scale infill development to increase housing supply.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two parcels near Downtown Detroit for residential infill development.
Where is this residential land & home lot located?
The property is located at 5740 WABASH Street Detroit, MI.
What are key features of this property?
This property features: Infill opportunity consisting of two parcels (5740 & 5734 Wabash).; Prime location near Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, and Wayne State University.; Opportunity for small- to medium‑scale infill development to increase housing supply.
