Property summary
This exceptional 9-acre parcel, located at 58801 Pontiac Trail in Lyon Charter Township, Oakland County, Michigan, presents a unique development opportunity. Priced at $600,000 ($66,667 per acre), this property boasts an APN of 21-09-100-070 and is zoned R-03, allowing for up to three residential units per acre. Situated in one of Michigan's fastest-growing communities, this land offers significant potential for residential development. The property's expansive size provides ample space for a variety of building plans. With a minimum permitted lot width of 75 feet, developers have considerable flexibility in designing their projects. The convenient location in Lyon Charter Township, with its zip code 48165, offers easy access to local amenities and transportation routes. This is an ideal investment for those seeking to capitalize on the thriving real estate market in this desirable area of Michigan. The geographic coordinates are 42.5043202 latitude and -83.6323205 longitude. Serious inquiries are encouraged.
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
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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