48000 Eight Mile Road Active Save Request In-Person Tour Request Virtual Tour
Novi,MI 48167
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