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16825 LOG CABIN Street, Highland Park, MI 48203

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Listing Type
Lots/Land
Listing Status
active
4
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$5,000

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Home Details for 16825 LOG CABIN Street
Price
$5,000
Type
Lots/Land
Lot Size
0.07
County
Wayne
MLS®️ Listing#
20230030744
On exitrealty.com
587 days
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.
Property Features
Listing courtesy: Keller Williams Realty-Great Lakes - 586-541-4000
mls_iconThe accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT UNITED REALTY PROFESSIONALS. © 2024 Realcomp II Ltd. Shareholders.
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Market statistics compiled from data from Michigan Regional Information Center.
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
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$5,000

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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
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