0 Avalon MdwNew Baltimore, MI 48051

Property Details for 0 Avalon Mdw

Lot size

11.59 AC

Property type

Land

Description

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.

Location Insight

City

New Baltimore

County

Macomb

State

Michigan

Latitude

42.7079

Longitude

-82.8064

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