alt
alt
View All

For Sale

9.16 Acre R-1C Development Opportunity in Affluent Troy Neighborhood

5845 John R Road,
Troy, MI 48085

Asset Snapshot

9.16 Acres
Land Area

Offering Summary

Investment Overview

This 9.16-acre development opportunity is located within the R-1C One Family Residential District. Per the City of Troy Zoning Ordinance, this district is designed to be the most restrictive of the residential Districts as to use. The intent is to provide for environmentally sound areas of low-density, single-family, detached dwellings, through the varying of lot sizes and the development options which will accommodate a broad spectrum of house sizes and designs - appealing to the widest spectrum of the population. Water, sewer, gas, electricity, phone, and cable all are on site.


Investment Highlights

  • Prime residential development opportunity in Troy
  • Zoned R-1C for residential development
  • 280' of frontage on John R Road
  • All utilities available on the site
  • Located in an affluent area with excellent demographics
  • Average household income within 1 mile is $163,400

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$2,977,000
Asking Price