Commercial Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 29602191
Property Subtypes: Office, Retail
Gross Land Area: 1.24 Acres
Sale Price: $439,000
Unit Price: $354,032 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/17/2019

Overview / Comments

Property currently has two homes on it, one of which is income producing. The other is a basement home which the owner had agreed to remove and fill with engineered fill. Property has great expressway exposure at the I-96 and US 23 intersection. It also has frontage on Old 23 just north of Grand River. The value is in the land.

* All information provided is believed to be accurate and reliable but needs to be verified by buyer or buyers counsel. Data not guaranteed. Verify independently. All warranties, express or implied, disclaimed. All rights reserved.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Tax ID/APN: 1232202009, 123220201100
Market Type: Large
Property Located Between: Detroit and Lansing
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Legal Description: SEC 32 T2n, R6E BRIGHTON COUNTRY CLUB LOT 268,267,269 Also including lots 270 THRU 273
Largest Nearby Street: I-96, US 23, Old US 23, Grand River
Feet of Frontage: 310
Transportation: Highway
Highway Access: I-96, US 23
Lot Frontage: 310
Lot Depth: 150
Zoning Description: Commercial
Development Name: Expressway Exposure
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,511 28,962 58,349
Median Age: 43.37 42.89 43.75
Households: 1,747 11,488 22,516


Photograph of Listing Agent

Ron Kirk

RE/MAX Commercial Brokers
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