Listing Agency: Lino Realty Inc

Listed By: PASQUALE (LINO) SCAMARDELLA · License #6502108667

Source: Crexi

Added: Sep 18, 2019 Changed: Aug 8 Last Checked: Apr 16 at 10:16AM

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Investment Insights

Based on property information with market context.

This residential development land is zoned RL and RH and comes with a consent judgment for 215 residential lots. The site is being offered for sale as a land parcel intended for subdivision development.

The property is located on 27 Mile Road in Lenox, MI 48048. The provided public remarks indicate an approved planning framework for the stated number of lots, subject to the terms and requirements of the consent judgment.

Interested buyers should review the consent judgment details and applicable zoning requirements to confirm development timelines, lot layout, and any conditions tied to the approval for 215 lots.

Key Highlights

• Residential land zoned RL & RH
• Consent judgment in place for 215 residential lots

Property Analytics

Current Use

Wetzel State Recreation ... Park

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Computer & Electronic Repair Home Appliance Store Restaurant Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 48048, MI

10,561

Population

3,518

Households

3

Avg Household Size

36

Median Age

16%

College-Educated

89%

High-School Grad

20.1 sq mi

ZIP Area

525

Density / Sq Mi

$68,990

Median Household Income

$35,221

Median Earnings

$1,365

Median Rent

$194,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential land zoned RL and RH, with consent judgment in place for 215 residential lots.

Where is this residential land & home lot located?

The property is located at 27 Mile Road Lenox, MI.

What are key features of this property?

This property features: Residential land zoned RL & RH; Consent judgment in place for 215 residential lots