Residential Development Site - Commerce Township

Vacant Land for Sale
Catylist Listing ID: 29982692
Property Subtypes: Residential (Single Family)
Gross Land Area: 143 Acres
Sale Price: $35,000 Per Acre
Total Price: $5,005,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Rare Outstanding Oakland County location. Located in residential development friendly Commerce Township, total 143.23 acres, former gravel pit, surrounded by outstanding homes and subdivisions, rolling hills, mature trees surrounding site perimeter, two ponds on site, ready for development. Water and sewer connections located at northern edge of property. Zoned R1-A single family residential.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Taxing Authority: Charter Township of Commerce
Tax ID/APN: E-17-08-400-003 & E-17-08-400-004
Zoning: R1-A
Property Located Between: Base Lake Road & Car Drive
Property Visibility: Excellent
Legal Description: Legal Description - Parcel No. E -17-08-400-003: T2N, R8E, SEC 8 E 1/2 OF SE 1/4 EXC THAT PART TAKEN FOR ROAD BEG AT SE SEC COR, TH N 100 FT, TH SWLY TO PT ON S SEC LINE,SD PT BEING WLY 100 FT Legal Description - Parcel No. E -17-08-400-004: T2N, R8E, SEC 8 W 1/2 OF SE 1/4, EXC E 235 FT 65.76 A
Largest Nearby Street: Sleeth Road
Area Description: Huron Valley School District
Topography: Rolling
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,338 39,038 116,087
Median Age: 42.96 40.43 40.26
Households: 1,875 14,340 46,231


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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