$649,899
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0 John R Originalcity, MI 48084
22.61 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 58050135910
Sold Date 05/31/24
Lot Size 22.610 Acres
Acres 22.61
Property Description
**Prime Location! Assisted Living Facility or Multi-Family Build Site** Unparalleled opportunity in the heart of Troy. 5 Buildable Acres inside this raw 23 Acre parcel. Strategically located for strong ROI, just N of Square Lake on John R, across from Kensington Church & with Beaumont Hospital adjoining it. **Key Features:** 1. **Size:** 802' Frontage -Wetland Delineation Survey available. 2. **Location:** High visibility; Easy Access north Troy 3. **Adjacent Neighborhoods:** Parcel boundary adjoins prestigious Troy Lake Estates & is opposite exclusive Emerald Lake Estates, ensuring a prestigious and affluent flow of local traffic. 4. **Proximity to Beaumont Hospital Network:** Beaumont Hospital borders NE parcel boundary = Access to all healthcare needs of potential residents, integrates medical services seamlessly into assisted living biz model with 27 medical facility affiliates within minutes of site. 5. **Potential:** Ideal as an assisted living facility, catering to growing demand for senior housing in Troy or Townhomes to serve Residential Housing sector. 6. **Density & Demographics:** High traffic counts comprised of affluent residents offering an opportunity to create a landmark Assisted Living facility or Luxury Townhome sub in a highly-sought prime location at the epicenter of Oakland County Health Care.
Location
State MI
County Oakland
Area Area02203Troy
Interior
Fireplace No
Exterior
View Y/N No
Building
Lot Description CityLot
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
School District Troy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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