Great Investment Opportunity on 1.47 Acres

Vacant Land for Sale
Catylist Listing ID: 30048391
Property Subtypes: Industrial, Office, Residential (Single Family), Retail
Gross Land Area: 1.47 Acres
Sale Price: $179,900
Unit Price: $122,380 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/24/2018

Overview / Comments

Priced to sell. Great investment opportunity on 1.47 acres. Located in special zoning area which allows for multiple use (Commercial, Industrial, Residential). Seller is currently in the process of renovating the house that is currently on the property (not in liveable condition at this time). Large lot with an abundance of space behind current structure for parking and storage. Located in high traffic area.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Tax ID/APN: 0933327005
Property Located Between: North of Brown Road, East of Baldwin
Property Visibility: Excellent
Legal Description: T4N, R10E. SEC 33 PART OF NE 1/4 OF SW 1/4 BEG AT PT IN CEN LINE OF JOSLYN RD DIST SLY 1047.10 FT FROM E & W 1/4 LINE, TH E 108.60 FT TO WLY LINE OF GT RR R/W. TH SLY ALG SD LINE 306.20 FTTO S LI OF NE 1/4 OF SW 1/4, TH W 226 FT TO CEN OF RD, TH NLY 305.35 FT TO BEG 1.49 A-529C
Largest Nearby Street: Joslyn
Feet of Frontage: 305
Highway Access: Access to I-75
Site Description: 1.47 acre lot. Lot dimensions: 305 x 228 x 306 x 198
Area Description: Located in high traffic commercial area of Joslyn Rd.
Lot Frontage: 305
Lot Depth: 228
Zoning Description: Special use (Commercial, Industrial, Residential)
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,275 46,254 142,987
Median Age: 38.46 36.05 36.78
Households: 811 18,276 53,844


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