For Sale
15390 SCHAEFER, Detroit, MI 48227
$75,000
MLS # 20250022986 (Realcomp)
0.19 acres
1 / 9
Listing Description
Prime Commercial Development Opportunity – 15390 Schaefer Hwy, Detroit, MI. Positioned on a high-visibility corridor, this 0.19-acre vacant lot offers a compelling development opportunity in the heart of Detroit’s west side. Zoned B4 (General Business District) with additional designations for commercial, multiple, and light industrial use, this 84 x 100 ft parcel is ideally suited for a wide range of businesses—including retail, restaurants, offices, salons, fitness centers, or daycare facilities—with further potential for mixed-use projects or special-use approvals such as gas stations or drive-thrus. Featuring 84 feet of paved road frontage, alley access, and public utilities available at the street, the lot is development-ready and enhanced by surrounding sidewalks, street lighting, and a growing commercial corridor. Located just minutes from major city routes and residential neighborhoods, this site combines visibility, flexibility, and convenience—making it an excellent choice for investors, developers, or business owners looking to establish a strong presence in Detroit.
Source: SparkMLS
About this home
Asking $75,000.
Property tax estimate: $578 per year ($48/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.19 acres
Location
CityDetroit
Zip Code48227
CountyWayne
School DistrictDetroit
Sale & Financing
Listed4/13/2025
Original Price$84,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$590
Tax Year2025
State Equalized Value$9,000
Assessed Value$9,000
Parcel #22029956-9
Source: Public Records
Legal Description
E SCHAEFER HWY 87 THRU 90 GLENCRAFT SUB L35 P50 PLATS, W C R 22/113 84.1 IRREG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Fadi Dabaja
EXP Realty Main
Frequently Asked Questions about 15390 SCHAEFER, Detroit, MI 48227
Which school district serves 15390 SCHAEFER, Detroit, MI 48227?
Per MLS# 20250022986, 15390 SCHAEFER, Detroit, MI 48227 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20250022986, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 15390 SCHAEFER, Detroit, MI 48227?
Per public tax records, annual property taxes for this property are $498. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 15390 SCHAEFER, Detroit, MI 48227 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 15390 SCHAEFER, Detroit, MI 48227 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 15390 SCHAEFER, Detroit, MI 48227. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 15390 SCHAEFER, Detroit, MI 48227?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$578
Monthly$48
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
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Monthly payment$535
Principal & interest$486
Property taxes$48
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberGSO SatelliteSatelliteLicensed Fixed WirelessDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
15390 SCHAEFER, Detroit, MI 48227
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Neighborhood
Harmony Village
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Community
Detroit
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County
Wayne County
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