24095 VANCE, Hazel Park, MI 48030

$849,000

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List Price
$849,000
Days on Market
143
MLS#
20261014823
Status
ACTIVE
Type
Land

Property 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.

Additional Information

Taxes
$4,394
Acres
1.66
School District
Hazel Park

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Violeta Sterbyci from Listing Office: RK Real Estate LLC.

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