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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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 23rd September, 2023 8:15 AM (UTC)
Listing Agent: Ullrich Arnold
Listing Office: St. Arnold Commerical Realty
