commerciel
Vacant Land
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
29664386 |
Property Subtypes: |
Retail
|
Status: |
Pending/Contingent |
Gross Land Area: |
16 Acres
|
Sale Price: |
$3,800,000 |
Unit Price: |
$237,500 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
6/29/2022 |
Overview / Comments
Property is on the corner of Morgan and Baldwin. Presently zoned residential but could be re zoned commercial. The property presently has a church on the property but value is in the land.
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Additional Details
Nearest MSA: |
Detroit-Warren-Dearborn |
County: |
Oakland |
Tax ID/APN: |
0932301004 |
Market Type: |
Large |
Property Located Between: |
morgan |
Side of Street: |
West |
Road Type: |
Paved, Highway |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Baldwin Ave. |
Feet of Frontage: |
744 |
Transportation: |
Highway |
Highway Access: |
I-75 is 1/4 mile to south of property |
Site Description: |
rolling land just north of Great lakes Mall and I-75 |
Area Description: |
Major retail area next to Great Lakes Mall |
Lot Frontage: |
700.44 |
Lot Depth: |
1018.85 |
Zoning Description: |
residential to be re zoned commercial Retail |
Topography: |
Rolling |
Easements: |
Other |
Easements Description: |
A Michigan Gas Storage Line Storage |
Soil Type: |
Gravel |
Available Utilities: |
Electric, Water, Gas, Sewer |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
3,641 |
45,802 |
144,958 |
Median Age: |
35.67 |
37.47 |
36.95 |
Households: |
1,471 |
18,079 |
55,955 |
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