Development Opportunity (Milwaukee Junction)

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30468879
Property Subtypes: Multi-Family
Status: Pending
Gross Land Area: 9,757 SF
Sale Price: $244,000
Unit Price: $25.01 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

- Great Opportunity for Residential Development
- Amazing views of Downtown Skyline
- R5 Zoning (Multifamily)
- Vacant Land
- Property sits on Harper Ave., one block East of Woodward.
- Milwaukee Junction Area and immediately adjacent to Midtown, Techtown, and close proximity to New Center.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit - New Center
Tax ID/APN: 01001727-8
Zoning: R5
Legal Description: N HARPER 22 & 23 WILLIAMS SUB OF LOT 1 & PART OF LOT 2 L7 P34 PLATS, W C R 1/91 60 X 162.62 2003 DIVSION OF 1726-8

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,358 162,523 415,605
Median Age: 36.03 36.12 34.96
Households: 8,082 67,575 157,192
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