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Infill Opportunity on Malcolm Street
For Sale
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6008 Malcolm St, Detroit, MI 48213

Fantastic infill opportunity in Detroit's redevelopment area.

Property SizeContact for details
Days on Market105

Property Features for 6008 Malcolm St

General Information

Standard status Active
Property subtype Land
Listing Agency: Bellabay Realty Tri-Counties
Listed By: Natasha C Richards · License #6502385914
Source: Elliman
Added: May 14 Changed: Aug 11 Last Checked: Aug 26 at 12:23PM

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 Bellabay Realty Tri-Counties

Investment Insights

Based on property information with market context.

This offering presents a fantastic infill opportunity within a redevelopment area. The sale encompasses three parcels: 6008, 6014, and 6002 Malcolm, and they are not sold separately. Interested buyers should consult the provided proposal guidelines for new build opportunities. It is recommended to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority (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 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 bike score is 52, indicating the location is bikeable. The walk score is 32, indicating car-dependent. The transit score is 45, indicating some transit options are available.

Key Highlights

  • Infill opportunity in a redeveloping area.
  • Sale includes three parcels: 6008, 6014, and 6002 Malcolm.
  • DLBA proposal guidelines available for new build opportunities.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Fantastic infill opportunity in Detroit's redevelopment area.
Where is this land located?
The property is located at 6008 Malcolm St Detroit, MI.
What are key features of this property?
This property features: Infill opportunity in a redeveloping area.; Sale includes three parcels: 6008, 6014, and 6002 Malcolm.; DLBA proposal guidelines available for new build opportunities.
More about this property
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