South Lyon Development Site

Vacant Land for Sale
Catylist Listing ID: 30217020
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Gross Land Area: 0.78 Acres
Sale Price: $439,000
Unit Price: $562,820 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

Great Development Site right in the heart of a very growing, yet established community.

Ideal for a multi-story mixed use building of retail, office and residential

Or a Hotel with retail on the first floor

Or a combination of retail and office

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 2120358003
Property Located Between: Ten Mile Road and Eleven Mile Road
Property Visibility: Excellent
Legal Description: Made up of two parcels. House at 326 N. Lafayette and the vacant land behind it.
Largest Nearby Street: Ten Mile Road
Highway Access: Near I-96
Area Description: Charming old downtown that keeps re-inventing itself
Zoning Description: Downtown Development Commercial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,019 26,131 49,129
Median Age: 39.82 40.53 40.65
Households: 4,099 9,982 18,883
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