MLS # 50205535 (MiRealSource)

Development Opportunity – Vacant Land with Upside Potential Excellent opportunity to acquire a vacant parcel located at the southeast corner of 21 Mile Road and North Avenue. Zoned R-1 Residential, this approximately 162' x 380' parcel offers strong potential for future development. The property previously had a home on the site, suggesting that water and sewer are available at the road, with prior utility service to the property. The parcel size may allow for a lot split (subject to municipal approval). Based on preliminary discussions with local officials, buyers may also wish to explore the possibility of obtaining a variance or rezoning for multifamily development, with potential for approximately six units, subject to all required municipal approvals. Land contract terms are available. Buyer and buyer's agent are responsible for verifying all zoning, utility availability, lot split potential, variances, rezoning, and development opportunities with the appropriate municipality. This version is suitable for an MLS listing while avoiding statements that could be interpreted as guaranteeing development rights. It also reads more professionally and highlights the property's potential without overstating what is permitted.
Source: SparkMLS
Asking $139,900.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
T3N.R13E SEC 36; COM AT NW COR SEC 36; TH E 496.90 FT ALG N SEC LINE TO POB; TH CONT E 161.58 FT ALG SD N SEC LINE; TH S0*44'41"W 395.01 FT; TH S89*54'48"W 311.77 FT; TH N23* 27'34"E 338.12 FT & N13*39'- 14"E 87.76 FT ALG CONKLIN DRAIN TO POB. 2.089 A.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ahmed Arafa
Century 21 Professionals
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
23206 21 MILE Road, Macomb, MI 48042
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Municipality
Macomb Township
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County
Macomb County
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