5.6 Acres Land - Auburn Hills

Vacant Land for Sale
Catylist Listing ID: 29738670
Property Subtypes: Residential (Single Family)
Gross Land Area: 5.60 Acres
Sale Price: $450,000
Unit Price: $80,357 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/6/2016

Overview / Comments

Residential development opportunity located on Shimmons Road in Auburn Hills. Just under 6 acres, this property has the potential for 12 single family residential sites. Could possibly be combined with additional adjoining parcels to total 12 acres. Location is great for highway access, schools, shopping and entertainment.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $4,179 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Auburn Hills
Tax ID/APN: 14-12-151-001, 14-12-151-002 & 14-12-151-003
Zoning: R1-A - POSSIBLE ZONING CHANGE TO 3.5 UNITS PER ACRE
Property Visibility: Good
Feet of Frontage: 400
Lot Frontage (Feet): 400
Lot Depth: 600
Topography: Rolling
Available Utilities: Water, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,767 57,670 165,443
Median Age: 29.85 37.21 37.68
Households: 2,841 21,530 63,248

Contact

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