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5039 Vermont Street

Detroit, Michigan 48208
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Acres0.09

Acre(Lot)

5033 & 5039 Vermont – Detroit, MI MUST BE SOLD AS A PACKAGE $14,000 total Rare opportunity to acquire two adjacent parcels being sold together in an established Detroit neighborhood. This combined offering provides added flexibility for new residential construction, infill development, or a custom build project. Conveniently located near major thoroughfares, schools, parks, shopping, and dining, the property offers easy access to Downtown Detroit, the New Center area, and the Lodge Freeway (M-10), placing employment centers, entertainment, and everyday amenities within minutes. Situated in a central Detroit growth corridor experiencing continued investment and redevelopment, these parcels present an excellent opportunity for builders, developers, and investors looking to capitalize on th e area's ongoing revitalization. Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawing, and documentation of prior similar projects (addresses and photos). Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold as-is. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed case-by-case and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma. Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD). Contact listing broker for application link and submission instructions.

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Detail Ic Property Details

Property Type : Vacant Land

Price : $14,000

AD Id : 88605727

MLS Id : 20261058324

Lot Size : 0.09 Acre(Lot)

County : Wayne

Subdivision: Joslin & Sharrar Bertrams Aviation Field

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Feature Features

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 30X130
  • Property Information

    Subdivision: Lafferty Farm Sub Of Blks 7 Thru 12 Ol2 Financing: Cash

  • Listing Price Information

    Original List Price: $14,000
  • Listing Information

    Possession: At Close Legal Description: W VERMONT S 23 FT 34 N 7 FT 33 BLK 8 SUB OF BLKS 7, 8, 9, 10, 11 & 12 O L 2 LAFFERTY FARM L1 P281 PLATS, W C R 8/104 30 X 130

  • Tax Information

    Annual Tax: $0 Parcel Number: W08I008565S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W VERMONT S 23 FT 34 N 7 FT 33 BLK 8 SUB OF BLKS 7, 8, 9, 10, 11 & 12 O L 2 LAFFERTY FARM L1 P281 PLATS, W C R 8/104 30 X 130

  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2229 W Grand Boulevard , Detroit, MI, 48208 $95,000 -- -- -- 0.49 Acre(Lot)
5034 Vermont Street , Detroit, MI, 48208 $54,500 -- -- -- 0.09 Acre(Lot)
5224 Linwood Street , Detroit, MI, 48208 $49,500 -- -- -- 0.11 Acre(Lot)
5066 25th Street , Detroit, MI, 48208 $475,000 -- -- -- 0.08 Acre(Lot)
1571 Sycamore Street , Detroit, MI, 48208 $13,000 -- -- -- 0.09 Acre(Lot)
1577 Sycamore Street , Detroit, MI, 48208 $13,000 -- -- -- 0.09 Acre(Lot)
3515 Cochrane Street , Detroit, MI, 48208 $12,000 -- -- -- 0.03 Acre(Lot)
3521 Cochrane Street , Detroit, MI, 48208 $12,000 -- -- -- 0.07 Acre(Lot)
3529 Cochrane Street , Detroit, MI, 48208 $12,000 -- -- -- 0.07 Acre(Lot)
3541 Cochrane Street , Detroit, MI, 48208 $12,000 -- -- -- 0.07 Acre(Lot)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/02/2026 @ 03:19

MLS: 20261058324 LISTED BY: Erick Monzo , Keller Williams Realty-Great Lakes 586-541-4000 SOURCE: Realcomp II Ltd

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