Property summary
This exceptional 84-acre parcel located on 27 Mile Road in Lenox, Macomb County, Michigan (zip code 48048), presents a significant development opportunity. Zoned RL & RH, the property boasts a pre-existing consent judgement for 215 residential lots, streamlining the approval process. The expansive land offers significant potential for residential development, catering to a growing community. Situated in New Haven, Michigan, this location provides convenient access to essential amenities and infrastructure. Key utilities are readily available, with water on-site and sewer access off Gratiot. The property's substantial size and strategic zoning make it an attractive investment for developers seeking to capitalize on the high demand for residential properties in this thriving area. The latitude and longitude coordinates are 42.7336097, -82.8318776, respectively. The asking price for this remarkable opportunity is $1,590,000. This is a rare chance to acquire a large, well-situated parcel with significant development potential. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Park Tourist Attraction
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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