Troy, MI 48084,0 John R Road
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Troy, MI 48084,0 John R Road
Troy, MI 48084,0 John R Road
Troy, MI 48084,0 John R Road
Troy, MI 48084,0 John R Road

$260,000

Est. payment /mo

$649,899

60.0%
Est.Price: ?

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0 John R Road Troy, MI 48084

22.61 Acres Lot

SOLD DATE : 05/31/2024

Key Details

Sold Price $260,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 50135910

Sold Date 05/31/24

Style Vacant Land

Annual Tax Amount $1,884

Tax Year 2022

Lot Size 22.610 Acres

Acres 22.61

Lot Dimensions 449x1214x450x1209

Property Sub-Type Vacant Land

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 Troy (63202)

Zoning Residential

Building

Lot Description City Limits

Water Public Water, Public Water at Street

Schools

School District Troy School District

Others

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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