Property summary
This exceptional 22.95-acre commercial land parcel presents a unique investment opportunity in Lenox, Michigan. Located in Macomb County, with a zip code of 48050, this property boasts a prime location, offering convenient access to M-53 and Downtown Richmond. The land is comprised of seven individual parcels, identified by APN numbers 0618426003, 0618426004, 0618426006, 0618427002, 0618401003, 0618427001, and 0618452001, all included in the sale. The property is zoned for residential use, presenting a multitude of development possibilities. Imagine building a custom home, creating individual residential lots, or even utilizing the expansive acreage for recreational purposes. The asking price for this remarkable property is $299,900. Given its size, location, and zoning, this land offers significant potential for future growth and return on investment. Please note that the property is privately owned and is not subject to a short sale. Unauthorized entry onto the property is strictly prohibited. The coordinates for the property are 42.7859416 latitude and -82.8343902 longitude.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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