945 Stephenson Hwy Troy, MI 48083
- Industrial land
- 9.20 lot acres
Current Use by Public Records
- Industrial land
Property Details for 945 Stephenson Hwy
- Lot size
- 9.20 lot acres
- Property type
- Industrial land
- APN
- 88-20-35-102-045
- APU
- 882035102045
Description
This exceptional 9.2-acre parcel of land presents a unique investment opportunity in Troy, Michigan. Ideally situated at 945 Stephenson Highway, this property boasts convenient access to I-75, ensuring excellent visibility and connectivity. The land is zoned I-B, opening doors to a wide array of potential commercial and industrial uses. All utilities are readily available on-site, simplifying the development process. The site is fully paved, eliminating significant upfront infrastructure costs and accelerating project timelines. With its strategic location, extensive utility access, and ready-to-develop condition, this property is perfectly positioned for immediate construction. The asking price is $5,000,000, translating to $543,478.26 per acre. This represents a compelling value proposition for developers seeking a prime location in Oakland County, Michigan. The I-B zoning allows for a multitude of development options, making this a versatile and highly attractive investment. Don't miss this chance to acquire a significant piece of land in a thriving Michigan market.
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
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1225
- Latitude
- 42.5437
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA