$20,000 For Sale

16814 Log Cabin Street
Highland Park, MI 48203

lot: 3049 sq ft lot | Residential Lots & Land - MLS# 20240006113
Property Photo
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Description

Located in Detroit's Martin Park area. This lot is sold with 16844 Log Cabin. Both lots total= 18,189 sqft. Not sold separately. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND. BATVAI

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48203
  • Subdivision/Neighborhood: Log Cabin Heights Sub (Plats)
  • School District: Detroit
  • Lot Size: 3049 sq ft lot
  • Directions: TAKE 6 MILE HEADED EAST PASSING LIVERNOIS. MAKE RIGHT ONTO LOG CABIN. PROPERTY ON THE LEFT SIDE.
  • List Price Acre: 285714.29
  • Lot Size Area: 0.07
  • Lot Size Square Feet: 3049
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Land
  • Parcel Number: 08009537.
  • Road Frontage: 30
  • Tax Legal Description: E LOG CABIN 51 LOG CABIN HEIGHTS SUB L31 P52 PLATS, W C R 8/171 30 X 100
Courtesy of Leonard A Pickett, RCH Brokerage Legacy Inc
Source: Michigan Regional Information Center (MichRIC)
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