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Rare 160+ Acre Land Parcel
For Sale
$2,949,900

9343 FIVE MILE Road, South Lyon, MI 48178

LAND - Salem Twp, MI

Lot Size160.75 Acres
Days on Market2561

Property Features for 9343 FIVE MILE Road

General Information

Property type Land
Property subtype Other
Zoning Agricultural,Residential
Elementary school district South Lyon
Middle school district South Lyon
High school district South Lyon
Directions 5 Mile west to Chubb Rd
Subdivision Salem Twp
Standard status Active
APN A00114300001
Lot size 160.75 Acres

Taxes and HOA fees

Tax Description *OLD SID - A 01-014-033-00 SM 14-21 SW FRL 1/4 EXC 17.50 AC IN NW COR SAID 17.50 AC BEING 42 RDS E&W AND 67 RDS N&S SEC. 14 T1S R7E 160.75 AC.
Tax Annual Amount 8390
Legal Description *OLD SID - A 01-014-033-00 SM 14-21 SW FRL 1/4 EXC 17.50 AC IN NW COR SAID 17.50 AC BEING 42 RDS E&W AND 67 RDS N&S SEC. 14 T1S R7E 160.75 AC.

Utilities

Water source Well
Water front features Pond
Listing Agency: Remerica Hometown
Listed By: David H Mathieu · License #6501204701
Added: Jul 29, 2019 Changed: May 13 Last Checked: Aug 1 at 10:06PM
MLS# 219076030

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This rare 160.75-acre property, available for the first time in years, features abundant woods and two ponds, offering excellent hunting opportunities. Located approximately a half mile from a newly paved road, the land includes a house and barn. The property, totaling over 7 million square feet, may be suitable for development, subject to township restrictions. It is zoned for agricultural and residential use. The value is in the land. The property is located in Salem Twp, MI.

Key Highlights

  • 160+ Acres of Land
  • Features Two Ponds
  • Abundant Woods and Excellent Hunting

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick HVAC Service Storage Facility Computer & Electronic Repair Big Box & Wholesale Store Garden Center Auto Repair Shop

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

16
Businesses Nearby

Demographics for 48178, MI

36,858
Population
14,402
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
48.0 sq mi
ZIP Area
768
Density / Sq Mi
$130,781
Median Household Income
$70,253
Median Earnings
$1,231
Median Rent
$392,300
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?
Agricultural land / Farmland - 160+ acres with woods, ponds, house, and barn.
Where is this agricultural land / farmland located?
The property is located at 9343 FIVE MILE Road South Lyon, MI.
What is the asking price?
The asking price for this property is $2,949,900.
What are key features of this property?
This property features: 160+ Acres of Land; Features Two Ponds; Abundant Woods and Excellent Hunting
More about this property
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