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    Detroit Land Zoned R3

    8647 SCHAEFER Detroit, MI 48228

    Claim this Listing
    For Sale
    $71,164

    LAND - Detroit, MI

    Lot size:
    0.82 Acres
    Added:
    Feb 16, 2026
    Days on Market:
    146
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 8647 SCHAEFER

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    W22I031157C72
    Lot size
    0.82 Acres

    Taxes and HOA fees

    Tax Description
    W SCHAEFER S 40 FT OF 122.75 FT 4ROBERT M GRINDLEYS SUB NO.6 OF LITTLE FARMS L31 P13 PLATS, W C R 22/548 1 THRU 8RESUB OF PT LOTS 5 & 6 ROBERT M GRINDLEYS SUB NO.6 L64 P21 PLATS, W C R 22/687 8 THRU 1MC NAUGHTONS SUB L56 P26 PLATS, W C R 22/549 360 IRREG

    Utilities

    Water source
    Public

    Listing agent Leonard A Pickett III License #6501306589

    Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

    Listing date Feb 16, 2026

    MLS# 20261009675 Listing URL

    Copyright © 2026 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.

    Investment Insights

    Based on property information with market context.

    This property is zoned R3. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, density, and walkability. Interested buyers should consult DLBA 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. All offers must be supported by Proof of Funds that meet or exceed development costs. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years after transferring ownership. This tax capture may be incompatible with tax abatement 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 proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.82 acres.

    Key Highlights

    • Zoned R3, ideal for small- to medium‑scale infill development.
    • Increase housing supply and restore urban fabric with this opportunity.
    • Located in an area targeted by the DLBA to increase density and walkability.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Nail Salon HVAC Service Kitchen & Bath Showroom Barber Shop Accounting Firm Carpet & Flooring Store Hair Salon Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Residential land & home lot - Land in Detroit, MI, zoned R3 for residential development.
    Where is this residential land & home lot located?
    The property is located at 8647 SCHAEFER Detroit, MI.
    What is the asking price?
    The asking price for this property is $71,164.
    What are key features of this property?
    This property features: Zoned R3, ideal for small- to medium‑scale infill development.; Increase housing supply and restore urban fabric with this opportunity.; Located in an area targeted by the DLBA to increase density and walkability.
    Contact an agent
    (248) 440-2268
    We can help!
    Contact an agent
    Leonard A Pickett III
    Real Estate License ID: 6501306589
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