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High Visibility Corner Parcel

16121 Woodward Ave, Highland Park, MI 48203

For Sale
Contact for pricing

Value-add opportunity in a thriving commercial environment.

Property SizeContact for details
Days on Market1035

Property Features for 16121 Woodward Ave

General Information

Standard status Active
Property subtype Land
Zoning TOD
Listing Agency: The Jonna Group at Colliers International
Listed By: Simon Jonna · License MI #6501357188
Source: Crexi
Added: Jan 11, 2024 Changed: Oct 26 Last Checked: Nov 10 at 7:14AM

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 The Jonna Group at Colliers International

Rey
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Investment Insights

Based on property information with market context.

This corner parcel offers a value-add opportunity, combining high visibility with a thriving commercial environment.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Wayne County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Value-add opportunity in a thriving commercial environment.
Where is this commercial land located?
The property is located at 16121 Woodward Ave Highland Park, MI.
What is the asking price?
The asking price for this property is $175,000.
(249) 540-1000 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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