Description
The is a bundled re-development opportunity consisting of 8.0 acres located on multiple parcels with a price of $ 3,500,000. This is the largest land parcel in the Farmington and Farmington Hills market & the only one on a hard corner. At this time, there is no other site with stronger Demographics, traffic count and highway frontage data. The E.B.A. (i.e. Economic Base Analysis) data supports that this is the best large development site that is currently offered for sale. It is zoned B-3. It is also in an overlay district enabling retail, office, residential and mixed-use development. It is centrally located and 1-4 miles from M-5, I-275, I-696 and I-96. Combined road frontage for the 4 parcels is; Grand River Avenue frontage is 375’. Orchard Lake Road frontage is 630’. Freedom Road frontage 390’ (i.e. 78’ + 312’=390’). Vehicle counts; Grand River-41,000 vehicles/day, Orchard Lake Road-14,000 vehicles/day, Freedom Road-900 vehicles/day.
Location
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Listing Agent: Ullrich Arnold Courtesy of: St. Arnold Commerical Realty Source MLS MiRealSource. Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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permission from MiRealSource, Inc. Updated: 2nd February, 2023 1:22 AM (UTC)
