5 Mile Rd Whitmore Lake, MI 48189
- Land
- 115.00 lot acres
Current Use by Public Records
- Land
Property Details for 5 Mile Rd
- Lot size
- 115.00 lot acres
- Property type
- Land
Description
This exceptional 115+/- acre parcel presents a unique development opportunity in Washtenaw County, Michigan. Located at the intersection of Whitmore Lake Road and 5 Mile Road, this property boasts a desirable Low Density Residential (LR) zoning designation, allowing for a variety of residential development options. The land is comprised of three adjacent parcels, identified by APN numbers 02-18-300-021, 02-18-300-020, and 02-19-200-002, providing flexibility and potential for cohesive planning. The asking price is $2,300,000, translating to a land value of $20,000 per acre. This represents a compelling investment opportunity given the size and location of the property. Its proximity to Whitmore Lake High School adds significant value, offering convenient access to education and community amenities. The property's address is listed as Whitmore Lake Road & 5 Mile Road, in Northfield, Michigan, zip code 48189. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential and any associated considerations. This expansive acreage offers a rare chance to create a significant residential development in a highly sought-after area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whitmore Lake
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.7715
- Latitude
- 42.3863
