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Residential Double Lot with Parking
For Sale
$720,000
Pending

640 W University Dr, Rochester, MI 48307

Oversized residential land parcel with an existing structure, utilities in place, and parking for up to 13 vehicles.

Property SizeContact for details
Days on Market80

Property Features for 640 W University Dr

General Information

Standard status Pending
Total Parking Spaces 13
Property subtype Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $12,852
Listing Agency:
Listed By: Bradley Saarela
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Jun 5 at 6:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Saarela

Investment Insights

Based on property information with market context.

This offering presents a rare double-lot opportunity within a residential setting. The parcel includes an existing structure with utilities already in place, and it provides ample on-site parking for up to 13 vehicles, supporting flexible redevelopment plans.

The property is located in Rochester, Michigan and is described as being just blocks from Downtown Rochester and Rochester Municipal Park. Public remarks also indicate a walkable convenience to Downtown Rochester’s shopping, dining, and entertainment district.

The combination of an existing structure, utilities, and generous parking makes this parcel well-suited for buyers considering renovation, rebuilding, or designing a custom residence on a double-lot configuration.

Key Highlights

  • Oversized residential double‑lot parcel in Rochester, surrounded by multi‑million‑dollar homes
  • Existing structure on‑site with utilities already in place
  • Ample on‑site parking for up to 13 vehicles

Property Analytics

Current Use

Tracey Howard, Andrews ... Real Estate Agency Stephanie Flater - Andrews ... Real Estate Agency Andrews Realty Group ... Loan Service Tracey Howard Real Estate Agency Stewart Tan, Andrews ... Real Estate Agency

Suggested Use

Top Pick Locksmith Catering Service (Bike/Boat/Book/etc) Store Storage Facility Clothing & Fashion Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby

Demographics for 48307, MI

44,673
Population
19,493
Households
2.3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$105,118
Median Household Income
$61,528
Median Earnings
$1,499
Median Rent
$329,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized residential land parcel with an existing structure, utilities in place, and parking for up to 13 vehicles.
Where is this residential land & home lot located?
The property is located at 640 W University Dr Rochester, MI.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Oversized residential double‑lot parcel in Rochester, surrounded by multi‑million‑dollar homes; Existing structure on‑site with utilities already in place; Ample on‑site parking for up to 13 vehicles
More about this property
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