Lyon Township South Lyon, MI 48178
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lyon Township
- Lot size
- 20.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 20-acre parcel in South Lyon, Michigan, presents a unique investment opportunity. Strategically located on the south side of 10 Mile Road, just west of Griswold, this property boasts a versatile zoning configuration ideal for diverse development. Approximately 11.9 acres are zoned for residential use, split between R-1.0 (Residential-agricultural) and RM-2 (Multi-family), offering potential for single-family homes and multi-family dwellings. The remaining 8.29 acres are zoned I-2 (General Industrial District), opening doors for industrial development. The property benefits from an existing easement providing convenient access to water and sewer utilities, simplifying infrastructure development. This location within Oakland County, zip code 48178, is experiencing significant growth, making this a prime opportunity to capitalize on the area's burgeoning development. The asking price for this expansive tract is $2,000,000. This land offers exceptional flexibility for developers seeking a mixed-use project or separate residential and industrial ventures. Don't miss this chance to acquire a substantial parcel in a thriving Michigan community.
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
- South Lyon
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6561
- Latitude
- 42.4345
