Detroit Land Bank Vacant
For Sale
$55,000
18088 PELKEY St, Detroit, MI 48205
Seven vacant lots in Detroit ready for development.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market258
Property Features for 18088 PELKEY St
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Land
Listing Agency:
Real Estate One-Southfield
(248) 723-0055
Listed By:
Gene Kelley II · License #6501293908
(248) 723-0055
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One-Southfield
Investment Insights
Based on property information with market context.
Seven vacant lots situated on two streets are available. The properties include 18141, 18125, and 18131 Schoenherr, along with 18096, 18116, and 18100 Pelkey. Prospective buyers should note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture might not be compatible with tax abatements or lot combinations typically available to the purchaser. The Detroit Land Bank Authority will review requests to waive its tax capture rights and may require a payment instead of taxes to approve these requests. The payment amount will be determined after reviewing the development proforma and the impact of any tax abatements on the purchase and development financing. Please refer to the Detroit Land Bank Authority proposal guidelines.
Key Highlights
- Seven vacant lots included in the sale.
- Located on two streets (Schoenherr and Pelkey).
- Opportunity for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Seven vacant lots in Detroit ready for development.
Where is this land located?
The property is located at 18088 PELKEY St Detroit, MI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Seven vacant lots included in the sale.; Located on two streets (Schoenherr and Pelkey).; Opportunity for development.
