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.

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

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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


Photograph of Listing Agent

William B. Ballard

Independent Broker Network, LLC
CPIX Member
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