DLBA-Owned Vacant Land
For Sale
Contact for pricing
8601 Chalfonte Street, Detroit, MI 48238
DLBA-owned vacant land offered through a development program and must be sold together with 8611 Chalfonte St.
Property SizeContact for details
Days on Market153
Property Features for 8601 Chalfonte Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Atlas Properties Inc
(313) 598-2566
Listed By:
Adam Hage · License #6506046052
Source:
Alexmi
Added: Apr 27
Changed: Sep 19
Last Checked: Sep 26 at 6:27AM
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 Atlas Properties Inc
Investment Insights
Based on property information with market context.
DLBA-owned vacant land is being offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This parcel must be sold together with 8611 Chalfonte St for a total purchase price of $16,000, with no separate sales. Any assemblage is subject to approval by the DLBA and the City of Detroit.
The City’s Neighborhood Framework Plans may apply, and buyers are encouraged to review them through the City of Detroit Planning and Development Department (PDD). Sale is contingent upon execution of a DLBA Development Agreement.
To be considered, buyers must submit a complete DLBA proposal package, including a project proposal describing intended use and timeline, proof of funds (bank statement or lender letter), a site plan or concept drawing, and proof of prior similar projects (addresses and photos). DLBA also retains the right to tax recapture for five (5) tax years following transfer of ownership, and waiver requests are reviewed case-by-case and may require payment in lieu of taxes.
The City’s Neighborhood Framework Plans may apply, and buyers are encouraged to review them through the City of Detroit Planning and Development Department (PDD). Sale is contingent upon execution of a DLBA Development Agreement.
To be considered, buyers must submit a complete DLBA proposal package, including a project proposal describing intended use and timeline, proof of funds (bank statement or lender letter), a site plan or concept drawing, and proof of prior similar projects (addresses and photos). DLBA also retains the right to tax recapture for five (5) tax years following transfer of ownership, and waiver requests are reviewed case-by-case and may require payment in lieu of taxes.
Key Highlights
- DLBA‑owned vacant land in the Chalfonte neighborhood sold through the Detroit Land Bank Authority (DLBA) Marketed Property Program.
- Must be purchased together with 8611 Chalfonte St for a total price of $16,000; separate sales are not offered.
- Assemblage is subject to DLBA and City of Detroit approval, with sale contingent on execution of a DLBA Development Agreement.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
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Business Placement
Demographics for 48238, MI
25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - DLBA-owned vacant land offered through a development program and must be sold together with 8611 Chalfonte St.
Where is this residential land & home lot located?
The property is located at 8601 Chalfonte Street Detroit, MI.
What are key features of this property?
This property features: DLBA‑owned vacant land in the Chalfonte neighborhood sold through the Detroit Land Bank Authority (DLBA) Marketed Property Program.; Must be purchased together with 8611 Chalfonte St for a total price of $16,000; separate sales are not offered.; Assemblage is subject to DLBA and City of Detroit approval, with sale contingent on execution of a DLBA Development Agreement.
