600-644 Vester St Ferndale, MI 48220
- Land
- 0.91 lot acres
Current Use by Public Records
- Land
Property Details for 600-644 Vester St
- Lot size
- 0.91 lot acres
- Property type
- Land
Description
This exceptional 0.91-acre parcel presents a rare development opportunity in the thriving city of Ferndale, Michigan. Located at 600-644 Vester Street, in Oakland County, zip code 48220 (42.4612423, -83.1258831), this property is zoned for both residential and commercial use, offering unparalleled flexibility for a mixed-use project. Preliminary city planning concepts are already in place, streamlining the development process and reducing potential hurdles. The expansive lot size allows for the potential construction of up to 100 residential units, catering to the high demand for housing in this vibrant area. The strategic location within Ferndale provides easy access to major transportation routes, local amenities, and a thriving community. This is an exceptional chance to capitalize on the growing market and create a landmark development. The property's versatility makes it ideal for a variety of projects, from multi-family residential to a mixed-use development incorporating retail or commercial spaces. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. The site is ready for immediate development, offering a significant advantage to investors seeking a quick return on investment. Don't miss this chance to acquire a truly unique and valuable piece of Ferndale real estate.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1259
- Latitude
- 42.4612
