Property summary
This exceptional 2.3-acre parcel in desirable Rochester Hills, Michigan, presents a unique opportunity for residential development. Priced at $799,900, this property comprises three contiguous parcels (1516202005, 1516202020, and 1516202021) offering ample space for the construction of three, or potentially four, homes. The expansive lot boasts multiple walkout possibilities, taking advantage of its generous size and strategic location. Situated in the highly sought-after Rochester School District, this location provides convenient access to top-rated schools. Furthermore, its proximity to Ascension Hospital and Oakland University adds to its appeal. Residents will enjoy easy access to nearby parks, golf courses, and the vibrant shopping and dining scene of Rochester. City water and sewer are readily available. The property features frontage on three streets, enhancing its development potential. Importantly, all three parcels are being sold together; they will not be sold separately. This is a rare opportunity to acquire a substantial residential land holding in a prime location.
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
Similar Nearby for Lease
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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