Residential Development Site

Vacant Land for Sale
Catylist Listing ID: 30345103
Property Subtypes: Residential (Single Family)
Gross Land Area: 5 Acres
Sale Price: $1,300,000
Unit Price: $260,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

Over 260 feet of frontage on West Maple Road. Unique 5-acre development site just west of the intersection of Maple Road and Orchard Lake. Located in the heart of West Bloomfield Township.

Financials

Finance Data Year 2018
Assessed Value - Total($) $272,930 (Annual)
Real Estate Taxes - Annual($) $14,897 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Bloomfield West
Taxing Authority: West Bloomfield Township
Tax ID/APN: X-18-34-200-249
Zoning: R-15
Property Located Between: Farmington Road and Orchard Lake Road
Property Visibility: Excellent
Legal Description: T2N, R9E, SEC 34 PART OF NE 1/4 BEG AT PT ON N SEC LINE DIST N 89-59-30 W 2391.40 FT FROM NE SEC COR, TH S 00-07-50 E 351.30 FT, TH N 89-59-30 W 124.00 FT, TH N 00-07-50 W 351.30 FT, TH S 89-59-30 E 124.00 FT TO BEG, ALSO BEG AT PT ON N SEC LINE DIST N 89-59-30 W 2251.40 FT FROM NE SEC COR, TH S 00-07-50 E 825.00 FT, TH N 89-59-30 W 264.00 FT, TH N 00-07-50 W 473.70 FT, TH S 89-59-30 E 124.00 FT, TH N 00-07-50 W 351.30 FT, TH S 89-59-30 E 140.00 FT TO BEG 5 A 10-9-13 FR 030 & 031
Largest Nearby Street: West Maple Road
Feet of Frontage: 264
Lot Frontage: 264
Lot Depth: 825
Zoning Description: R-15 One-Family Residential > The one-family residential districts are designed to provide for one-family dwelling sites and residentially related uses in keeping with the master plan of residential development in the township. The preservation of natural terrain and wooded areas is reflected in the controls set forth in this section. See attached zoning regulations.
Topography: Level
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,101 80,584 192,308
Median Age: 45 46.67 44.61
Households: 4,835 31,114 78,568

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