Vacant Farmland for Multi-Family
For Sale
$500,000
8059 McDermitt Dr, Davison, MI 48423
Vacant farmland with wooded conservation on the north and east, and a master plan for multi-family density.
Property Size118,496 SF
Lot Size38.15 Acres
Price / SF$4.22
Days on Market1621
Property Features for 8059 McDermitt Dr
General Information
Standard status
Active
Size
118,496 SF
Class
B
Lot size
38.15 Acres
Property subtype
Land
Zoning
NOT AVAILA
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
118,496 SF
Year Built
1972
Year Renovated
2015
Buildings
8
Stories
2
Listing Agency:
Thomas A. Duke Company
(248) 479-0128
Listed By:
Joseph Evangelista
(248) 479-0128
Source:
Cpix.resimplifi
Added: Mar 2, 2022
Changed: Aug 8
Last Checked: May 7 at 10:13PM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
The property is a vacant farmland tract with approximately 38.15 acres designated as “Residential Urban” and master planned for multiple family development, including 22+/- buildable acres. The north and east sides are protected by heavily wooded conservation land, while the south and west are bordered by high-density residential. Road and utilities lead off of McDermitt.
Located about a mile north of I-69 and right off Irish Rd, the site fronts a major thoroughfare with many planned and newly constructed amenities. A police station is just to the northwest.
The seller owns the McDermitt Drive access road leading to the parcel. Existing McDermitt Drive apartments indicate approximately 12.2 units per density, and the adjacent south apartment development reflects approximately 15.8 units per density. The property is described as having high potential for density upzone based on its area placement.
Located about a mile north of I-69 and right off Irish Rd, the site fronts a major thoroughfare with many planned and newly constructed amenities. A police station is just to the northwest.
The seller owns the McDermitt Drive access road leading to the parcel. Existing McDermitt Drive apartments indicate approximately 12.2 units per density, and the adjacent south apartment development reflects approximately 15.8 units per density. The property is described as having high potential for density upzone based on its area placement.
Key Highlights
- 38.15‑acre vacant farmland with 22+/- buildable acres for potential multi‑family development.
- Master planned for multiple‑family residential (Urban - Master Planned).
- Protected by heavily wooded conservation land on the north and east sides of the property.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 48423, MI
33,801
Population
15,248
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
93%
High-School Grad
64.5 sq mi
ZIP Area
524
Density / Sq Mi
$64,096
Median Household Income
$40,463
Median Earnings
$953
Median Rent
$209,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Vacant farmland with wooded conservation on the north and east, and a master plan for multi-family density.
Where is this agricultural land / farmland located?
The property is located at 8059 McDermitt Dr Davison, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 38.15‑acre vacant farmland with 22+/- buildable acres for potential multi‑family development.; Master planned for multiple‑family residential (Urban - Master Planned).; Protected by heavily wooded conservation land on the north and east sides of the property.
