Vacant Infill Development
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16825 Log Cabin Street, Highland Park, MI 48203
Vacant residential lot in the Martin Park area, sized 30 ft by 99 ft, offered for small- to medium-scale infill development proposals.
Property SizeContact for details
Days on Market1220
Property Features for 16825 Log Cabin Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Apr 21, 2023
Changed: Aug 8
Last Checked: Jul 20 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This listing offers a vacant residential land parcel in the Martin Park neighborhood. The lot measures 30 ft by 99 ft and is being marketed for small- to medium-scale infill development intended to increase housing supply and support neighborhood restoration, density, and walkability. Interested buyers should review the proposal guidelines for new build opportunities.
The subject listing includes addresses 16815, 16801, 16825, 16809, and 16821. The DLBA recommends reviewing the Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
The DLBA notes that it is entitled to tax capture for the five tax years following transfer of ownership, and that tax capture may be incompatible with tax abatements available to a selected purchaser. The DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests, with the amount determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
The subject listing includes addresses 16815, 16801, 16825, 16809, and 16821. The DLBA recommends reviewing the Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
The DLBA notes that it is entitled to tax capture for the five tax years following transfer of ownership, and that tax capture may be incompatible with tax abatements available to a selected purchaser. The DLBA will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests, with the amount determined based on the development proforma and the effect of any tax abatement on purchase and development financing.
Key Highlights
- Vacant residential land in the Martin Park neighborhood.
- Lot size: 30 ft x 99 ft.
- Addresses included in the listing: 16815, 16801, 16825, 16809, 16821.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential lot in the Martin Park area, sized 30 ft by 99 ft, offered for small- to medium-scale infill development proposals.
Where is this residential land & home lot located?
The property is located at 16825 Log Cabin Street Highland Park, MI.
What are key features of this property?
This property features: Vacant residential land in the Martin Park neighborhood.; Lot size: 30 ft x 99 ft.; Addresses included in the listing: 16815, 16801, 16825, 16809, 16821.
