1500 Labo RdCarleton, MI 48117

Property Details for 1500 Labo Rd

Lot size

68.59 AC

Property type

Land

Description

This exceptional 68.59-acre parcel, located at 1500 E Labo Rd, Carleton, MI 48117 (APN: 01 034 012 20), presents a unique opportunity for residential development. Situated just west of the Telegraph Road/I-275 interchange, this strategically positioned land boasts convenient access to major transportation routes. Previously envisioned as an extension of the Lazy Oaks subdivision, the property is zoned R and offers significant potential for various residential projects. The raw land is serviced by readily available utilities, including a package sewer treatment plant conveniently located on the eastern portion of the property. This allows for the creation of single-family home lots mirroring the style of Lazy Oaks, or alternatively, a denser development featuring duplexes, sixplexes, or garden-style multifamily buildings. The asking price for this expansive tract is $735,000. Ownership is held by SB-Invest LP. This is an ideal investment for developers seeking a prime location with existing infrastructure and significant development potential in a thriving Michigan community. The property's size and location make it an attractive proposition for both large-scale and smaller-scale residential projects. Serious inquiries are encouraged.

Location Insight

City

Carleton

County

Monroe

State

Michigan

Latitude

42.0218

Longitude

-83.3512

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