For Sale
$950,000

Avalon Mdw New Baltimore, MI 48051

Prime Commercial/Residential Land, I-94 Proximity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 11.59-acre parcel, known as Avalon Meadows, presents a unique investment opportunity in Chesterfield, Michigan (Macomb County, zip code 48051). Located at the intersection of Gratiot Ave and 25 Mile Road, this property boasts convenient access to I-94, enhancing its appeal for various development projects. The land is zoned RM2, permitting multi-family residential development. Detailed site plans for an 80-unit condominium development have already been approved, significantly streamlining the approval process for a future owner. Comprehensive due diligence materials are available, including a topographic survey, Phase 1 environmental assessment, and a geotechnical report. These reports provide a thorough understanding of the site's characteristics and potential development challenges. The property's Assessed Parcel Number (APN) is 09-04-451-006. The asking price for this strategically located and well-documented property is $950,000. This presents a rare chance to acquire a ready-to-develop site with significant potential for substantial returns. The property's dual commercial and residential zoning offers flexibility for a variety of development scenarios. Interested parties are encouraged to review the available documentation for a complete understanding of the property's potential.

Highlights

  • 11.59-acre parcel in Chesterfield, MI (48051), located at Gratiot Ave & 25 Mile Rd, with I-94 access.
  • RM2 zoning allows multi-family residential development; approved plans for an 80-unit condo project.
  • Comprehensive due diligence completed, including topographic survey, Phase 1 environmental, and geotechnical reports.
  • APN: 09-04-451-006; Asking price: $950,000.

Property Details for 0 Avalon Mdw

Property type
Land
Lot Size (sq. ft)
504,860 SF

Location Insight

City
New Baltimore
County
Macomb
State
Michigan
Latitude
42.707883783953
Longitude
-82.80642024933
Avalon Mdw, New Baltimore, Michigan

FAQs

What type of property is this?
Land - Prime Commercial/Residential Land, I-94 Proximity
Where is the land located?
The property is located at Avalon Mdw New Baltimore, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 11.59-acre parcel in Chesterfield, MI (48051), located at Gratiot Ave & 25 Mile Rd, with I-94 access.; RM2 zoning allows multi-family residential development; approved plans for an 80-unit condo project.; Comprehensive due diligence completed, including topographic survey, Phase 1 environmental, and geotechnical reports.
How can I contact the broker?
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0 Avalon Mdw
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