commercial development opportunity - 6.47 acres on … · 2016-06-02 · 26 mile road, lenox, mi //...

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JOHN E. DE WALD, CPA Principal FOR MORE INFORMATION CONTACT: [email protected] (P) 248.358.0100 (C) 313.510.3777 26555 Evergreen Road, Suite 1500 • Southfield, MI 48076 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction East of Gratiot on the north side of 26 Mile Rd. between I-94 and New Haven Rd. These 6.47 acres of commercial property are surrounded by new residential subdivisions. PROPERTY OVERVIEW PROPERTY HIGHLIGHTS 545 ft of frontage on 26 Mile Road 363 ft on Quail Run Road Utilities on site Ready for commercial development OFFERING SUMMARY Sale Price: $395,000 Lot Size: 6.47 Acres APN #: 06-34-400-009 Zoning: Commercial Cross Streets: 26 Mile Road & Quail Run Blvd LAND FOR SALE COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON 26 MILE ROAD 26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY

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Page 1: COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON … · 2016-06-02 · 26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY. JOHN E. DE WALD, CPA Principal ... You and your tax and legal

JOHN E. DE WALD, CPA Principal

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.358.0100 (C) 313.510.377726555 Evergreen Road, Suite 1500 • Southfield, MI 48076

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction

East of Gratiot on the north side of 26 Mile Rd. between I-94 and New Haven Rd. These6.47 acres of commercial property are surrounded by new residential subdivisions.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• 545 ft of frontage on 26 Mile Road• 363 ft on Quail Run Road• Utilities on site• Ready for commercial development

OFFERING SUMMARYSale Price: $395,000

Lot Size: 6.47 Acres

APN #: 06-34-400-009

Zoning: Commercial

Cross Streets: 26 Mile Road &Quail Run Blvd

LAND FOR SALE

COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON 26 MILE ROAD

26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY

Page 2: COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON … · 2016-06-02 · 26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY. JOHN E. DE WALD, CPA Principal ... You and your tax and legal

JOHN E. DE WALD, CPA Principal

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.358.0100 (C) 313.510.377726555 Evergreen Road, Suite 1500 • Southfield, MI 48076

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction

LAND FOR SALE

26 MILE ROAD, LENOX, MI // LOCATION MAPS

Page 3: COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON … · 2016-06-02 · 26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY. JOHN E. DE WALD, CPA Principal ... You and your tax and legal

JOHN E. DE WALD, CPA Principal

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.358.0100 (C) 313.510.377726555 Evergreen Road, Suite 1500 • Southfield, MI 48076

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction

* Demographic data derived from 2010 US Census

POPULATION 1 MILE 5 MILES 10 MILES

TOTAL POPULATION 2,292 59,597 135,560

MEDIAN AGE 34.5 37.1 38.0

MEDIAN AGE (MALE) 34.4 36.6 37.4

MEDIAN AGE (FEMALE) 35.2 37.8 38.7

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

TOTAL HOUSEHOLDS 699 20,722 49,157

# OF PERSONS PER HH 3.3 2.9 2.8

AVERAGE HH INCOME $70,020 $74,885 $74,510

AVERAGE HOUSE VALUE $163,195 $177,506 $185,293

LAND FOR SALE

26 MILE ROAD, LENOX, MI // DEMOGRAPHICS MAP

Page 4: COMMERCIAL DEVELOPMENT OPPORTUNITY - 6.47 ACRES ON … · 2016-06-02 · 26 MILE ROAD, LENOX, MI // EXECUTIVE SUMMARY. JOHN E. DE WALD, CPA Principal ... You and your tax and legal

JOHN E. DE WALD, CPA Principal

FOR MORE INFORMATION CONTACT:

[email protected] (P) 248.358.0100 (C) 313.510.377726555 Evergreen Road, Suite 1500 • Southfield, MI 48076

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction

LAND FOR SALE

26 MILE ROAD, LENOX, MI // AERIAL MAP