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Investment Highlights

  • Development Opportunity

Executive Summary

The property is zoned B3 - General Business, which permits retail, medical offices, banks, hotels and restaurants including those with a drive-thru. Asking $900,000.

Attachments

Brochure

Property Facts

Price $9,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Bank
  • Hotel
  • Medical
  • Restaurant
Total Lot Size 3.95 AC
Zoning B-3 - General Business

1 Lot Available

Lot 1

Price $9,500,000
Price Per AC $2,405,063.29
Lot Size 3.95 AC

3.95 AC development lot available for purchase.

Description

3.62 acres available for sale on the north side of 8 Mile Road, east of Telegraph in Southfield, Michigan. The site is just west of Sam's Club and has 225' of frontage on the main road. Over 58,000 vehicles per day pass the site.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
24-33-376-052
Land Assessment
$315,000
Improvements Assessment
$0
Total Assessment
$315,000
  • Listing ID: 21098238

  • Date on Market: 9/30/2020

  • Last Updated:

  • Address: 23050 W 8 Mile Rd, Southfield, MI 48033

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