Detroit Land Zoned
For Sale
$71,164
8647 SCHAEFER, Detroit, MI 48228
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.82 Acres
Days on Market186
Property Features for 8647 SCHAEFER
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
MORE THAN ONE LEGAL INVOLVED
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
HEAD WEST ON JOY RD PASS MEYERS, MAKE LEFT ONTO SCHAEFER. PROPERTY ON THE RIGHT SIDE.
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
Legal 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 Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Added: Feb 16
Changed: May 13
Last Checked: Aug 21 at 6:06AM
MLS# 20261009675
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
Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
