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5845 John R Rd Troy, MI 48085

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9.16 Acres, R-1C Zoned, Prime Location

Property Features for 5845 John R Rd

General Information

Property type
Land
Lot Size
399,010 SF

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Listing Contact
Phillip Myers
Phillip Myers

Listing Agency: P.A. Commercial Corporate & Investment Real Estate Listing Agent: Phillip Myers

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 9.16-acre parcel presents a prime residential development opportunity in Troy, Michigan. Located in the affluent Oakland County, this R-1C zoned land boasts 280 feet of frontage on John R Road and a depth of 1,268 feet. The property's zoning, R-1C, designates it for low-density, single-family detached dwellings, allowing for a variety of house sizes and designs. The site benefits from readily available utilities, including water, sewer, gas, electricity, phone, and cable. Situated in a highly desirable area, the property enjoys excellent demographics, with an average household income within a one-mile radius exceeding $163,400. The property's location and zoning regulations make it ideal for developers seeking to create an exclusive residential community. The asking price is $2,977,000, translating to approximately $325,000 per acre. The parcel's APN is 20.11.226.037. This is a rare opportunity to acquire a substantial land holding in a prime Troy location, perfectly suited for high-value residential development. The property's size and location offer significant potential for a lucrative development project.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Troy
County
Oakland
State
Michigan
Longitude
-83.112609
Latitude
42.605021

FAQs

What type of property is this?
Land - 9.16 Acres, R-1C Zoned, Prime Location
Where is this land located?
The property is located at 5845 John R Rd Troy, MI.
What is the asking price?
The asking price for this property is $2,977,000.
What are key features of this property?
This property features: Prime 9.16-acre development site in Troy, MI.; R-1C zoning allows for low-density single-family residential development.; 280 feet of frontage on John R Road, with a 1,268-foot depth.
(248) 281-9904 Call to check price and availability
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