48000 Eight Mile Road Active

Novi,MI 48167

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025052548

Annual Tax Amount $13,976

Lot Size 9.540 Acres

Property Description

The BENEFIT of this 9.54 Acre LOT located in NOVI with NORTHVILLE SCHOOLS and NORTHVILLE mailing....The BENEFIT of this 9.54 Acre LOT is located in NOVI with NORTHVILLE SCHOOLS and NORTHVILLE mailing. The property is zoned Residential Acreage leaving many possibilities for DEVELOP, land splits and other uses per city zoning ordinances. In this area, ONE-ACRE lots sell from $350,000 to over $500,000 and hence you see the opportunity before you as this property is priced below $126,000 per acre. YOU WILL NOT FIND A DEAL like this on the market now or anytime in the future. When opportunity knocks - Answer! City Water at Street, City Sewer available, Natural Gas Connected, Electric Connected, Cable / High Speed Internet / Phone - all available. Current residential structure is on Well and Septic. Approximately 40% Wooded. Approximately 15% Pond/Wetland. Paved Road Access. Sidewalk / Bike Path connects the lot/development to a large network of community trails throughout Novi, Northville and Maybury State Park (across the street). NO HOA on current lot. However, if developed an HOA / Private Road agreement would be required. Excellent, highly desirable location, where most of the surrounding homes range in value from over $1 million to over $3 million. Convenient to Maybury Park, Hines Park, Downtown Northville, NOVI community amenities, and so much more. Paved road access to major freeways: I-96, I-275 & M-14 for easy commuting to DTW, Detroit, Dearborn, Ann Arbor and all points far and near. Just minutes from everything you need including shopping, community services, restaurants, parks, churches, schools, trails and so-on. ARE YOU LOOKING FOR A LARGE LOT to split and share with friends and family. This lot has what it takes! ARE YOU LOOKING for land to develop? Builders, Developers, Investors - Welcome to your opportunity. Whether building one, two, three, or developing the land further, the woods, pond, and topography can offer beautiful natural setting having a walkout/daylight basements. Current use is Residential.

Location

State MI

County Oakland

Area Novi

Zoning Other

Exterior

Waterfront Description No Motor Lake,Pond,Private Water Frontage,Lake/River Priv

Building

Lot Description Hilly-Ravine,Level,Wooded,Wetland/Swamp

Sewer Storm Drain

Schools

School District Northville

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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