Listing Agency: Signature Sotheby's International Realty Bham c***@signaturesothebys.com Show Phone

Listed By: Craig Minoletti · License #6501267458 Show Phone

Source: Exitrealty

Added: Jun 22, 2023 Changed: Aug 8 Last Checked: Aug 8 at 5:32AM

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Investment Insights

Based on property information with market context.

This property offers an opportunity for builders and developers, featuring up to approximately 54 acres with river frontage and elevations suitable for a large subdivision. There is potential for an additional 100 to 150 acres to create a larger development. The sale includes ID# 20-08-11-400-008, ID #20-08-11-400-004 and ID #20-08-11-400-007.

Key Highlights

• Up to 54 acres of land suitable for development.
• River frontage.
• Potential for a large subdivision.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Garden Center Pet Grooming Service Daycare Center Food Market

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

8

Businesses Nearby

Explore this area Business Placement

Demographics for 48042, MI

33,398

Population

12,067

Households

2.8

Avg Household Size

42

Median Age

39%

College-Educated

96%

High-School Grad

22.8 sq mi

ZIP Area

1,465

Density / Sq Mi

$125,433

Median Household Income

$61,261

Median Earnings

$1,569

Median Rent

$374,100

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 - Acreage with river frontage suitable for development.

Where is this residential land & home lot located?

The property is located at 22495 24 MILE Road Macomb Township, MI.

What is the asking price?

The asking price for this property is $1,299,999.

What are key features of this property?

This property features: Up to 54 acres of land suitable for development.; River frontage.; Potential for a large subdivision.