Zoned R2 Residential Development
For Sale
$60,000
5773 Wabash Street, Detroit, MI 48208
Three residential lots are included and must be sold together, zoned R2 Residential in Detroit.
Property SizeContact for details
Days on Market325
Property Features for 5773 Wabash Street
General Information
Standard status
Active
Property subtype
Land
Zoning
R2
Listing Agency:
Bellabay Realty Tri Counties
(313) 204-0310
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Source:
Compass
Added: Sep 24, 2025
Changed: Aug 8
Last Checked: Jul 12 at 2:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This offering includes three residential lots sold together: 5767 Wabash, 5773 Wabash, and 2105 Antoinette. The properties are for sale as a single package and cannot be sold separately. The site is zoned R2 Residential.
The public remarks note the location is near the Motown Museum area and the Henry Ford expansion, with referenced development activity in the vicinity. Buyers are directed to consult the DLBA’s 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 five tax years after transferring ownership. The public remarks also note that the tax capture may be incompatible with other available tax abatement, and that the DLBA reviews requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development proforma and financing impacts.
The public remarks note the location is near the Motown Museum area and the Henry Ford expansion, with referenced development activity in the vicinity. Buyers are directed to consult the DLBA’s 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 five tax years after transferring ownership. The public remarks also note that the tax capture may be incompatible with other available tax abatement, and that the DLBA reviews requests to waive its tax capture rights and may require a payment in lieu of taxes based on the development proforma and financing impacts.
Key Highlights
- Three residential lots included and must be sold together: 5767 Wabash, 5773 Wabash, and 2105 Antoinette
- Zoned R2 Residential (Detroit)
- Property purchase is tied to the combined lot package (listed together and cannot be sold separately)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three residential lots are included and must be sold together, zoned R2 Residential in Detroit.
Where is this residential land & home lot located?
The property is located at 5773 Wabash 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: Three residential lots included and must be sold together: 5767 Wabash, 5773 Wabash, and 2105 Antoinette; Zoned R2 Residential (Detroit); Property purchase is tied to the combined lot package (listed together and cannot be sold separately)
