1.0 acre prime redevelopment land site
Vacant Land
for Sale
Also listed as Office
| Catylist Listing ID: |
30368964 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$300,000 |
| Unit Price: |
$300,000 Per Acre |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/20/2023 |
Overview / Comments
This 75' X 586' property is one of the few commercial lots available on Grand River Avenue. It is located near the main shopping district in Farmington Hills. With daily traffic count in excess of 43,000 cars, this high visibility location is ideal for a wide range of uses allowed in the B–3 General Business district.
The value is based on the land with the expectation that the builidng on this site will be removed.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Oakland |
| Submarket/Township: |
Farmington / Farm Hills |
| Taxing Authority: |
Farmington Hills, MI |
| Tax ID/APN: |
2223-35-105-009 |
| Zoning: |
B3 |
| Property Located Between: |
South side of Grand River, East of Orchard Lake Road |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Orchard Lake Road |
| Feet of Frontage: |
75 |
| Traffic/Vehicle Count: |
22,000 |
| Lot Frontage: |
77 |
| Lot Depth: |
586 |
| Zoning Description: |
B-3 |
| Topography: |
Gently Sloping |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,769 |
99,565 |
270,151 |
| Median Age: |
41.12 |
41.51 |
42.67 |
| Households: |
5,288 |
41,568 |
113,527 |
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The information presented herein is provided as is, without warranty of any kind.
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