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573 Smith Street

Detroit, Michigan 48202
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Acres0.10

Acre(Lot)

Opportunity to own 11 VL parcels in Detroit's North End! This property is listed in a bundle with the following 11 contiguous parcels: 525 Smith, 531 Smith, 537 Smith, 543 Smith, 549 Smith, 555 Smith, 561 Smith, 567 Smith, 573 Smith, 579 Smith, 585 Smith, and must be sold together. These must be purchased together and cannot be split. Zoned residential, the property offers excellent potential for a new-build/infill development opportunity. How to Apply: Interestedbuyers must submit aproposal that includes: 1. Project Proposal (intended use of structure + timeline) 2.Proof of Funds (bankstatement 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 deve lopment 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. Please note that the DLBA is entitled to tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. 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 pro forma and the effect of any tax abatement on the purchase and development financing.

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Detail Ic Property Details

Property Type : Vacant Land

Price : $60,000

AD Id : 72659689

MLS Id : 20251061436

Lot Size : 0.10 Acre(Lot)

County : Wayne

Subdivision: John R Highlands

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Feature Features

  • Utility Features

    Sewer: Sewer at Street
  • Water

    Water at Street

  • Lot Information

    Lot Size: 0.10 Lot Dimensions: 30X140.28
  • Property Information

    Subdivision: Wm Y Hamlin & S J Browns Sub Financing: Cash

  • Listing Price Information

    Original List Price: $60,000
  • Listing Information

    Possession: At Close Legal Description: N SMITH 69 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.28A

  • Tax Information

    Annual Tax: $0 Parcel Number: W03I001957S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: N SMITH 69 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATS, W C R 3/91 30 X 140.28A

  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit
  • Utility Information

    Water: Water at Street Sewer: Sewer at Street
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Nearby Home Value

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63 E Euclid Street , Detroit, MI, 48202 $229,000 -- -- -- 1.09 Acres(Lot)
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600 Smith Street , Detroit, MI, 48202 $80,000 -- -- -- 0.24 Acre(Lot)
1157 Edison Street , Detroit, MI, 48202 $40,000 -- -- -- 0.12 Acre(Lot)
571 E Edsel Ford Freeway , Detroit, MI, 48202 $130,000 -- -- -- 0.10 Acre(Lot)
416 Harper Avenue , Detroit, MI, 48202 $3,299 -- -- -- 0.02 Acre(Lot)
404 Harper Avenue , Detroit, MI, 48202 $3,299 -- -- -- 0.02 Acre(Lot)
240 Hendrie Street , Detroit, MI, 48202 $20,000 -- -- -- 0.16 Acre(Lot)
238 Hendrie Street , Detroit, MI, 48202 $20,000 -- -- -- 0.14 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 06/15/2026 @ 03:20

MLS: 20251061436 LISTED BY: Erick Monzo , Keller Williams Realty-Great Lakes 586-541-4000 SOURCE: Realcomp II Ltd

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