7277 Richardson Rd West Bloomfield, MI 48323-1266
- Commercial real estate
- 13,457 SF
- 2.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7277 Richardson Rd
- Year built
- 1925
- Lot size
- 2.07 lot acres
- Property size
- 13,457 SF
- Zone code
- BI
- Property type
- Commercial real estate
- APN
- X -18-18-407-001
- APU
- X1818407001
Description
This exceptional 2.07-acre property in West Bloomfield Township, Michigan, presents a unique redevelopment opportunity. Located at 7277 Richardson Rd, this vacant site boasts a Planned Development District (PDD) zoning designation, ideal for "Missing Middle Housing," encompassing diverse housing options like duplexes, fourplexes, cottage courts, and multiplexes. The 13,457 square foot, single-story building, constructed in 1952 with renovations in 1982, sits on the land and offers 30 surface parking spaces. The property features city water and sewer access. This prime location offers strong residential demographics, with median household incomes exceeding $107,000 within a 3-5 mile radius and a population of 146,000 within a 5-mile radius. Convenient access to major roadways, including M-5, I-275, and I-96, enhances its appeal. Nearby amenities include Bloomer Park, Baypoint Golf Course, Twin Beach Country Club, and a growing retail corridor along Haggerty Road. The property's APN is X-18-18-407-001. This is an outstanding investment opportunity for developers seeking to capitalize on the high demand for housing in this desirable West Bloomfield location. The asking price is $950,000. The property is currently vacant and offers significant potential for a lucrative multifamily development.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Bloomfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4264
- Latitude
- 42.5742
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
