$260,000
$649,899
60.0%For more information regarding the value of a property, please contact us for a free consultation.
0 John R Road Troy, MI 48084
22.61 Acres Lot
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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Bought with Realty Executives Home Towne Chesterfield





