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    264 Lenox St Detroit, MI 48215

    For Sale
    $75,000

    Vacant Land - Detroit, MI

    Lot size:
    0.11 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 264 Lenox St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    21049483.
    Lot size
    0.11 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (888) 501-7085 [email protected]

    Listing agent Dylan Tanaka (888) 501-7085

    Listing date Aug 31, 2025

    MLS# 20240050294 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Buildable Lot Opportunity

    This vacant land is located in the Jefferson Chalmers neighborhood of Detroit, an area known for its shoreline and historic homes. The property is situated in a location with ongoing development, including a $3 million per unit development directly across the street. The lot offers proximity to the water and access to city amenities. The lot size is 0.11 acres and is zoned for residential use. This property presents an opportunity to be part of Detroit's revitalization in a neighborhood that balances historic charm with contemporary development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.944077
    Latitude
    42.3598337

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    FAQs

    What type of property is this?
    Land - Prime vacant land in Detroit's Jefferson Chalmers neighborhood.
    Where is this land located?
    The property is located at 264 Lenox St Detroit, MI.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime buildable lot in the sought-after Jefferson Chalmers neighborhood.; - Located directly across the street from a $3 million per unit development, indicating significant area investment and growth.; - Proximity to the Detroit shoreline offers a serene setting.
    (888) 501-7085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    264 Lenox St Detroit, MI 48215
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