Current Use by Public Records
- Land
Property Details for 285 Madeleine Ln
- Property type
- Land
Description
This exceptional 5-lot residential development opportunity in desirable Waterford Township, Michigan, presents a unique investment prospect. Priced at $530,000, the property encompasses a total of 9,100 to 12,332 square feet of land, identified by APN numbers 13-27-227-003; 005; 007; 022; 023. Conveniently located at 285 Madeleine Ln, Waterford Township, MI 48328 (42.643971, -83.3689848), this development boasts significant progress: 70% of the project is already built and occupied. The remaining lots are fully prepared for immediate construction, featuring convenient access to city water and sewer lines. Each lot offers the option of a walkout or full basement, and complete design and engineering plans are readily available. The sandy soil composition simplifies construction. Utilities, including water, sewer, electricity, and communication lines, are conveniently located at the front of each lot. Individual lot sales are also considered. This is an exceptional opportunity to capitalize on a nearly completed development in a highly sought-after lakeside community. The R-1B zoning ensures a straightforward development process. Don't miss this chance to acquire a turnkey residential development project.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterford Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.369
- Latitude
- 42.644
