Description
Great development opportunity in the city of Hazel Park next to Amazon. The property consists of approximately 1.66 acres and offers excellent potential for residential development. Previous plans were approved for the construction of 36 condominiums, the units consists1300-1600 Sqft with attached garage. 4-buildings each of the building 9 units. Although the permits have expired, All the groundwork has already been completed.(A SURVEY AND PHASE 1 ENVIRONMENTAL STUDY HAVE BEEN COMPLETED) helping streamline the development process for the new owner. They are now 2 parcels.(THE ZONING HAS BEEN CHANGED TO AR ZONING,THIS ZONING ALLOWS BOTH SMALL AND LARGE APPARTMENTS,BUILDING TYPES AS DEFINED UNDER THE ZO.) This property presents a strong opportunity for builders, developers, or investors looking to create a multi-unit residential project in a growing area with convenient access to surrounding communities.
Details
| MLS # | 60974727 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 198 |
| Listing Provided By | RK Real Estate LLC | Violeta Sterbyci |
Features
| Zoning | Residential |
|---|---|
| Acreage | 1.66 |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 4394 |
|---|
Area Information
| State | MI |
|---|---|
| County | Oakland |
| City | Hazel Park |
| Zip Code | 48030 |
| Area | Hazel Park (63257) |
| Listing VS Median (in 48030) | |
Price: $849,000 low | high Med: $174,894 On site: 198 low | high Med: 23 | |
Market Activity 48030
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Learn More About This Property
| State | MI |
|---|---|
| County | Oakland |
| City | Hazel Park |
| Zip Code | 48030 |
| Area | Hazel Park (63257) |
| Listing VS Median (in 48030) | |
Price: $849,000 low | high Med: $174,894 On site: 198 low | high Med: 23 | |
