500 Stryker St South Lyon, MI 48178
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Prime South Lyon development land, R3 zoning.
Property Features for 500 Stryker St
General Information
- Property type
- Land
- Lot Size
- 303,178 SF
Listing Agency: Thomas A. Duke Company Listing Agent: Mark W. Szerlag
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 6.96-acre parcel, located at 500 Stryker Street in South Lyon, Michigan (Oakland County, zip code 48178), presents a unique investment opportunity. Currently zoned R3 Single Family Residential, this property offers significant potential for various development projects. The asking price is $1,500,000, translating to approximately $215,517 per acre. The property's APN is 21-29-176-012. Its strategic location places it just a short distance from the vibrant downtown area of South Lyon, providing convenient access to local amenities and services. Importantly, this land has a history of approved development, with prior plans encompassing a seven-building apartment complex. While the previous plans are not guaranteed, they demonstrate the feasibility of large-scale residential development on this site. This makes it an attractive proposition for builders and investors seeking to capitalize on the growing demand for housing in the South Lyon area. The expansive lot size provides ample space for a variety of residential projects, offering flexibility and potential for significant returns. Serious inquiries are encouraged to explore the possibilities of this remarkable property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- South Lyon
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6461585
- Latitude
- 42.4566995
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FAQs
What type of property is this?
Land - Prime South Lyon development land, R3 zoning.
Where is this land located?
The property is located at 500 Stryker St South Lyon, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6.96-acre R-3 zoned residential land in South Lyon, MI (Oakland County, 48178).; Located blocks from Downtown South Lyon.; Previously approved for a seven-building apartment complex.
