547 Harper Avenue

Detroit, MI 48202

Listing ID: 197534
$1,250,000
For Sale
  • Property Type Land : Mixed Use Land
  • Lot Size Acres 0.940
  • Land Sq Ft 40,946
  • Land Price per Sq Ft $30.53
Description

Description

This .94 acre of land is an important multi-family parcel in Milwaukee Junction, Detroit. This investment opportunity won't last long - be a part of Detroit's Renaissance! The area is currently experiencing an influx of amenities such as hot new restaurants, cultural destinations, and entertainment. Located just east of New Center and Midtown - close to Wayne State University, College for Creative Studies, and Detroit Medical Center

The site can be expanded to include most of the city block.

Highlights

Walking distance to the QLINE streetcar system

Walkable neighborhood with restaurants and bars

Close to all freeways - I-75 and I-94

Adjacent land from Detroit Land Bank available for purchase - plans for midrise

City & State incentives for development

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population11,715128,091305,350
Population Median Age383737
Population by Age0-9 Yrs697 (5%)15055 (11%)39628 (12%)
10-19 Yrs1721 (14%)15628 (12%)38623 (12%)
20-29 Yrs3028 (25%)26467 (20%)53995 (17%)
30-39 Yrs1341 (11%)16175 (12%)39439 (12%)
40-49 Yrs1241 (10%)13787 (10%)33856 (11%)
50-59 Yrs1272 (10%)15476 (12%)38050 (12%)
60-69 Yrs1506 (12%)14503 (11%)34454 (11%)
70+ Yrs909 (7%)11001 (8%)27304 (8%)
Median HH Income$23,610$26,444$28,316
Total Household Income< 24K3104 (51%)26660 (48%)57092 (45%)
25-49K1302 (21%)12924 (23%)32735 (26%)
50-74K629 (10%)6514 (11%)15790 (12%)
75-99K367 (6%)3864 (6%)8767 (6%)
100-199K472 (7%)4430 (7%)9061 (7%)
200K+98 (1%)1014 (1%)2151 (1%)
Highest Education LevelNo Diploma10561587344349
Diploma or GED18562486661558
Some College17621897845667
Assoc. Degree504495012064
Bachelors Degree13151152121748
Higher Degree1113869515981
Total Housing Units7,59677,363183,071
--Owner-Occupied1,01917,71448,766
--Renter-Occupied4,95337,69176,829
Owner-Occupied Values< 100K3031162036879
100-199K32828096030
200-299K28015922821
300-399K398181460
400-499K34424617
500K+36452960
Total Working Age Population10,756104,910243,840
In Work Force5,85553,520125,761
Not In Work Force4,90251,390118,079
Workforce Employed5,31346,692107,716
Workforce Unemployed5426,76717,984
Civlian Workforce5,85553,459125,700
Military Workforce06161
Total Households5,97255,405125,595
Family Households1,52022,08156,877
Non-Family Households4,45233,32568,719
Married Couple5819,70223,594
Other Family93912,37833,282
Married w/Child1184,3409,739
Single Male w/Child367192,368
Single Female w/Child3645,52213,701

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Wayne County2,061,162-121,820,584-41,741,463-11,730,000

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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