Detroit Land Bank Vacant
For Sale
$30,000
589 Leicester Court, Detroit, MI 48202
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market135
Property Features for 589 Leicester Court
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Thomas & Wagners Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE WOODWARD HEADED NORTH PASS E GRAND BLVD. MAKE RIGHT ONTO LEICESTER.
Standard status
Active
APN
W03I002567S
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
N LEICESTER CT 29 BLK 3-- THOMAS & WAGNERS L11 P80 PLATS, W C R 3/113 30 X 117
Legal Description
N LEICESTER CT 29 BLK 3-- THOMAS & WAGNERS L11 P80 PLATS, W C R 3/113 30 X 117
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #350554
(248) 440-2268
Added: Apr 10
Changed: May 13
Last Checked: Aug 22 at 3:06PM
MLS# 20261024046
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Investment Insights
Based on property information with market context.
These vacant lots are bundled with 577, 583, and 595 Leicester, totaling four lots with a combined area of 14,032 sqft. The lots are not sold separately. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers should 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 following the transfer of ownership. This tax capture may be incompatible with other tax abatements available to the purchaser. 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing.
Key Highlights
- Bundle of 4 vacant lots totaling 14,032 sqft.
- Suitable for small- to medium‑scale infill development.
- Opportunity to increase housing supply and restore urban fabric.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
345
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?
Residential land & home lot - Four bundled residential lots totaling 14,032 sqft in Detroit.
Where is this residential land & home lot located?
The property is located at 589 Leicester Court Detroit, MI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Bundle of 4 vacant lots totaling 14,032 sqft.; Suitable for small- to medium‑scale infill development.; Opportunity to increase housing supply and restore urban fabric.
