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Property profile & analytics
OFF-MARKET
Land

0 Lyon Township South Lyon, MI 48178

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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