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Residential Development Land with Split Potential
For Sale
$399,980

7230 Walnut Lake Road, West Bloomfield, MI 48323

Land parcel offered for residential development with potential to split into two lots.

Property SizeContact for details
Days on Market418

Property Features for 7230 Walnut Lake Road

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $2,782
Listing Agency: EXP Z Real Estate
Listed By: Fadi Fawzi · License #6501440369
Source: Compass
Added: Jul 1, 2025 Changed: Aug 8 Last Checked: Jul 20 at 7:19PM

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 EXP Z Real Estate

Investment Insights

Based on property information with market context.

This residential land parcel offers 2.55 acres of development-ready space with a build-to-suit approach and the potential to split into two lots for constructing two custom homes.

The property is located directly across from the Wyndham Pointe Subdivision and backs up to an adjacent wildlife preservation area, providing a degree of privacy and natural views. Public remarks also note that there are no subdivision restrictions.

The parcel is served by the Walled Lake School District. This offering is presented as an opportunity for residential development in a highly sought-after area.

Key Highlights

  • 2.55‑acre residential development parcel with potential to split into two lots for build‑to‑suit homes
  • Adjacent to a wildlife preservation area, offering privacy and natural views
  • No subdivision restrictions reported for the parcel

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom

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

65
Businesses Nearby

Demographics for 48323, MI

18,225
Population
6,516
Households
2.8
Avg Household Size
46
Median Age
62%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
2,119
Density / Sq Mi
$139,418
Median Household Income
$65,590
Median Earnings
$1,776
Median Rent
$467,000
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 - Land parcel offered for residential development with potential to split into two lots.
Where is this residential land & home lot located?
The property is located at 7230 Walnut Lake Road West Bloomfield, MI.
What is the asking price?
The asking price for this property is $399,980.
What are key features of this property?
This property features: 2.55‑acre residential development parcel with potential to split into two lots for build‑to‑suit homes; Adjacent to a wildlife preservation area, offering privacy and natural views; No subdivision restrictions reported for the parcel
More about this property
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