Property summary
This exceptional 10-acre property, located at 10000 Five Mile Road in Salem Twp, Wayne County, Michigan (zip code 48168), presents a unique investment opportunity. Currently zoned for agricultural use, this expansive parcel offers significant potential for redevelopment. The land boasts a depth of 2,350 feet and benefits from its advantageous location west of the Brae Burn Golf Course. Five Mile Road, directly in front of the property, has recently undergone improvements and is now a paved Class "A" road, enhancing accessibility and visibility. The asking price is $995,000, translating to $99,500 per acre. Given its size, location, and zoning, this property is well-suited for a variety of commercial or agricultural ventures. The property is available for viewing by appointment only. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant upside potential. Don't miss out on this chance to secure a prime piece of Michigan real estate.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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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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