For Sale
$2,977,000

5845 John R Rd Troy, MI 48085

9.16 Acres, R-1C Zoned, Prime Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 9.16-acre parcel presents a prime residential development opportunity in Troy, Michigan. Located in the affluent Oakland County, this R-1C zoned land boasts 280 feet of frontage on John R Road and a depth of 1,268 feet. The property's zoning, R-1C, designates it for low-density, single-family detached dwellings, allowing for a variety of house sizes and designs. The site benefits from readily available utilities, including water, sewer, gas, electricity, phone, and cable. Situated in a highly desirable area, the property enjoys excellent demographics, with an average household income within a one-mile radius exceeding $163,400. The property's location and zoning regulations make it ideal for developers seeking to create an exclusive residential community. The asking price is $2,977,000, translating to approximately $325,000 per acre. The parcel's APN is 20.11.226.037. This is a rare opportunity to acquire a substantial land holding in a prime Troy location, perfectly suited for high-value residential development. The property's size and location offer significant potential for a lucrative development project.

Highlights

  • Prime 9.16-acre development site in Troy, MI.
  • R-1C zoning allows for low-density single-family residential development.
  • 280 feet of frontage on John R Road, with a 1,268-foot depth.
  • All utilities (water, sewer, gas, electric, phone, cable) available on-site.
  • Excellent demographics; average household income within one mile exceeds $163,400.
  • APN: 20.11.226.037.

Property Details for 5845 John R Rd

Property type
Land
Lot Size (sq. ft)
399,010 SF

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.605021
Longitude
-83.112609
5845 John R Rd, Troy, Michigan

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FAQs

What type of property is this?
Land - 9.16 Acres, R-1C Zoned, Prime Location
Where is the land located?
The property is located at 5845 John R Rd Troy, MI.
What is the asking price?
The asking price for this property is $2,977,000.
What are key features of this property?
This property features: Prime 9.16-acre development site in Troy, MI.; R-1C zoning allows for low-density single-family residential development.; 280 feet of frontage on John R Road, with a 1,268-foot depth.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Phillip Myers
Phillip Myers
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John R Rd
Troy, MI 48085

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Troy, MI 48085

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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5845 John R Rd
  • Phillip Myers
    Phillip Myers
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