$5,000 for Sale

16801 log cabin street, highland park, MI 48203

Property Description
Vacant Land located in the highly desired Martin Park neighborhood. Lot size is 29 ft x 100 x 29 ft x 99 ft. Addresses included in subject listing are: 16815, 16801, 16825, 16809, 16821. Total 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.
General Information
Sale Price: $5,000
Price/SqFt:
Status: Active
MLS#: rcomi20230030741
City: highland park
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: log cabin heights sub (plats)
Acres: 0.07
Lot Dimensions: 29 x 100
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  W LOG CABIN 101 LOG CABIN HEIGHTS SUB L31 P52 PLATS, W C R 8/171 29 IRREG


IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
810-636-3400 Call Jeff Dawley for more information about this property.

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