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Property profile & analytics
OFF-MARKET
Land

27400 12 Mile Rd St. Clair Shores, MI 48081

31.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.53-acre parcel, located at 27400 Twelve Mile Road in St. Clair Shores, Michigan (zip code 48081), presents a unique development opportunity. Currently zoned RA-1B, the property boasts approximately 16 buildable acres. The site previously housed the Sarah Fisher Center, consisting of sixteen buildings totaling 110,240 square feet. These structures are slated for demolition, with the exception of a chapel which must be incorporated into any future development plans. The property's boundaries extend 1,670 feet along Inkster Road and 1,050 feet along Twelve Mile Road. The land features sloping terrain. All future development plans require approval from the City of Farmington Hills. The asking price for this significant land holding is $2,000,000, translating to $125,000 per acre. This presents a compelling investment opportunity for developers seeking a substantial residential project in a desirable Michigan location. The property's size and zoning offer considerable flexibility for a variety of residential development concepts. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a large, well-located parcel ready for redevelopment.

Property profile
Verified
Property type Land
Lot 31.53 ac (1,373,447 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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