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$ 599,900
Est. payment | /mo
2 Acres Lot
$ 599,900
Est. payment | /mo
2 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 50191196
Style Vacant Land
Annual Tax Amount $3,500
Tax Year 2025
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 132.50x700
Property Sub-Type Vacant Land
Property Description
Redevelopment Opportunity with Versatile Potential Uses. This property offers several redevelopment options, including multi-family housing with 20 units, residential lots for 6-7 homes, or a medical/office facility. Previously proposed to the city as a luxury townhome development, the project included 22 high-end, 3-story townhome units, each with 3 bedrooms, 2.5 bathrooms, and a one-car attached garage. The initial design had Building A with 9 units, Building B with 9 units, and Building C with 4 units. However, the City Planner recommended adjusting the design to 20 units, 2 stories high, with Building A and Building B each containing 10 units. Additionally, Building C would be replaced by a cul-de-sac and retention area to improve feasibility. Located within the award-winning Utica School District, this lot is just a quarter mile from Troy Beaumont/Corewell Hospital and is conveniently close to the M59 Expressway. The property spans 132.5 feet by 700 feet, with approximately 2 acres of cleared land and is zoned R-100. Survey and preliminary site plans are available. The property is near expressways, restaurants, schools, and places of worship. Buyer to verify all details.
Location
State MI
County Macomb
Area Sterling Heights (50012)
Zoning Multi-Family,Professional Office,Residential,Site Condominium
Building
Lot Description Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sidewalks, Cleared
Water Public Water at Street
Schools
School District Utica Community Schools
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Professionals Sterling Heights
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