$5,000
16825 LOG CABIN Street Highland Park, MI 48203 2552
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$5,000
Est. payment /mo
3,049 Sqft Lot
Active
16825 LOG CABIN Street Highland Park, MI 48203 2552
UPDATED:
10/28/2024 02:38 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60209984
Style Vacant Land
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 x 100
Property Description
Vacant Land located in the highly desired Martin Park neighborhood. Lot size is 30 ft x 99 ft.. Addresses included in subject listing are: 16815, 16801, 16825, 16809, 16821. Total sales price is $25,000. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Exterior
Waterfront No
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes
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