Active

540 Concord Street

Detroit, Michigan 48207
Mark as Favorite
Acres0.08

Acre(Lot)

The newest offering from Detroit Land Bank Authority has incredible potential for investors and developers alike. This bundled package includes 4 congruent lots - totalling 14,256 sq ft or roughly 0.33 acres. The addresses (554 Concord, 540 Concord, 548 Concord, 534 Concord) are all to be sold together. These vacant lots provide space for expansion or new construction. Conveniently located in a growing area, this is a rare chance to acquire multiple properties with endless possibilities. Don't miss out on this lucrative investment—schedule your showing today! Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purch aser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. proof of Previous Projects: (include addresses and photos). The DLBA is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.

Read More Expand

Detail Ic Property Details

Property Type : Vacant Land

Price : $10,000

AD Id : 76060400

MLS Id : 20261012571

Lot Size : 0.08 Acre(Lot)

County : Wayne

Subdivision: Great Lakes Beach 1

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Utility Features

    Sewer: Sewer at Street
  • Water

    Water at Street

  • Lot Information

    Lot Size: 0.08 Lot Dimensions: 33X107.64 Frontage Feet: 33
  • Property Information

    Subdivision: Walker & Coopers Financing: Cash

  • Listing Price Information

    Original List Price: $10,000
  • Listing Information

    Possession: At Close Legal Description: E CONCORD S 33 FT OF W 107.64 FT OF 6 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATS, W C R 15/16 33 X 107.64

  • Tax Information

    Annual Tax: $0 Parcel Number: W15I010641S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: E CONCORD S 33 FT OF W 107.64 FT OF 6 LYG E & ADJ CONCORD 66 FT WD WALKER & COOPERS SUB L1 P195 PLATS, W C R 15/16 33 X 107.64

  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit
  • Utility Information

    Water: Water at Street Sewer: Sewer at Street
Sell a home like this and save $101 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
534 Concord Street , Detroit, MI, 48207 $10,000 -- -- -- 0.08 Acre(Lot)
554 Concord Street , Detroit, MI, 48207 $10,000 -- -- -- 0.08 Acre(Lot)
2705 Mount Elliott Stre.., Detroit, MI, 48207 $38,404 -- -- -- 0.10 Acre(Lot)
268 E Grand Boulevard , Detroit, MI, 48207 $15,000 -- -- -- 0.18 Acre(Lot)
272 E Grand Boulevard , Detroit, MI, 48207 $15,000 -- -- -- 0.18 Acre(Lot)
3347 Gratiot Avenue , Detroit, MI, 48207 $75,000 -- -- -- 0.06 Acre(Lot)
2661 Hendricks Street , Detroit, MI, 48207 $20,000 -- -- -- 0.15 Acre(Lot)
2527 Dubois , Detroit, MI, 48207 $51,905 -- -- -- 0.03 Acre(Lot)
2242 Saint Joseph Street , Detroit, MI, 48207 $30,000 -- -- -- 0.06 Acre(Lot)
2206 Saint Joseph Street , Detroit, MI, 48207 $30,000 -- -- -- 0.07 Acre(Lot)
MLS Logo

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 06/21/2026 @ 16:00

MLS: 20261012571 LISTED BY: Erick Monzo , Keller Williams Realty-Great Lakes 586-541-4000 SOURCE: Realcomp II Ltd

Homes around $10,000

Selling? Save $101 when you sell a home like this

Tour with a ByOwner Agent