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Twelve Mile Rd 3 Acres of Commercial Land Offered at $595,000 in Farmington Hills, MI 48331
Investment Highlights
- 3-acres for medical or daycare
- Water and sewer available at the site
- Short walk to nearby restaurants, businesses, and neighborhood amenities
- High-visibility site on 12 Mile Rd, just west of Orchard Lake Rd
Executive Summary
Property Facts
| Price | $595,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $595,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot 1
| Price | $595,000 | Lot Size | 3.00 AC |
| Price Per AC | $198,333.33 |
| Price | $595,000 |
| Price Per AC | $198,333.33 |
| Lot Size | 3.00 AC |
Prime 3-acre development property that is suitable for medical or daycare. The property has 208' of frontage on 12 Mile Rd, with a depth of 580'. Municipal water and sewer are both available at the site.
Description
Prime 3-acre development property that is suitable for medical or daycare. The property has 208' of frontage on 12 Mile Rd, with a depth of 580'. Municipal water and sewer are both available at the site. The existing PUD provides for a shared driveway, parking lot, and retention pond with Players Barn (Deed restriction against Assisting Living and Memory Care). PUD Plans are available upon request. This parcel of vacant land is conveniently located on 12 Mile Rd, west of Orchard Lake Road in a highly trafficked area. The parcel is close to the I-696 entrance/exit ramp, Oakland Community College, Farmington Public Library, YMCA, and Heartland Market. The property is surrounded by a variety of residential units ranging from apartments and condos. There is also a single-family subdivision to the north of the property. There are also several hotels close to the property including a Raddison, Holiday Inn, and Courtyard by Marriott.
Property Taxes
| Parcel Number | 23-10-378-012 | Improvements Assessment | $0 |
| Land Assessment | $266,590 | Total Assessment | $266,590 |
Property Taxes
Contact the Sale Advisor
Twelve Mile Rd