Avalon Mdws New Baltimore, MI 48051
- Land
- 11.59 lot acres
Current Use by Public Records
- Land
Property Details for 0 Avalon Mdws
- Lot size
- 11.59 lot acres
- Property type
- Land
Description
This exceptional 11.59-acre parcel, known as Avalon Meadows, presents a unique investment opportunity in Chesterfield, Michigan (Macomb County, zip code 48051). Located at the intersection of Gratiot Ave and 25 Mile Road, this property boasts convenient access to I-94, enhancing its appeal for various development projects. The land is zoned RM2, permitting multi-family residential development. Detailed site plans for an 80-unit condominium development have already been approved, significantly streamlining the approval process for a future owner. Comprehensive due diligence materials are available, including a topographic survey, Phase 1 environmental assessment, and a geotechnical report. These reports provide a thorough understanding of the site's characteristics and potential development challenges. The property's Assessed Parcel Number (APN) is 09-04-451-006. The asking price for this strategically located and well-documented property is $950,000. This presents a rare chance to acquire a ready-to-develop site with significant potential for substantial returns. The property's dual commercial and residential zoning offers flexibility for a variety of development scenarios. Interested parties are encouraged to review the available documentation for a complete understanding of the property's potential.
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
- New Baltimore
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8064
- Latitude
- 42.7079
