000 SIBLEY Road $1,500,000

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    000 SIBLEY Road Brownstown, MI 48174

    • 38.37 Acres
    • Land
    • MLS# 60300078
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    Views: 5 Days On Site: 18

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    Property Details

    Welcome to an unparalleled opportunity in real estate development! This prime parcel of land was meticulously planned and approved by the city in 2008 for a prestigious 99-home development. The comprehensive file detailing every aspect of the project is readily available for pickup, allowing you to seamlessly resurrect this visionary project. With the city's seal of approval already secured, you can seamlessly take the reins and embark on your development journey. The option of a LAND CONTRACT further streamlines the ownership process, making this investment even more accessible. Don't miss out on the chance to secure your stake now and build at your convenience in the coming years. Offering unparalleled flexibility in terms and pricing, this opportunity boasts enticing profit margins for seasoned builders and investors alike. Whether you envision a sprawling residential community or a luxurious apartment subdivision, this land is primed to accommodate your vision. Nestled in a thriving locale with zero vacancies in existing apartments, the potential for lucrative returns is undeniable. Convenience is key, with popular establishments such as McDonald's just three blocks away and a CVS drug store adjacent to the property, ensuring both residents and future occupants have easy access to amenities. Spanning just under 39 acres, the land is predominantly cleared and free of wetlands, providing a blank canvas for your development dreams. Its strategic location, in close proximity to major freeways, further enhances its appeal, offering convenience and connectivity for future residents. Seize this exceptional opportunity today and unlock the boundless potential of this prime real estate. Contact us now for further details and secure your stake in this remarkable venture!

    • General Features
      • Style Vacant Land
      • Acreage 38.37
      • Area Municipality Brownstown Twp (82171)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision 1ST AMEND REPLAT NO 1 FOR WAYNE COUNTY CONDO SUB P
      • Waterfront Y/N No
      • ZONING Commercial,Multi-Family,Professional Office,Residential
    • Property Features
      • Lot Size 1312x983x1307x894
      • Roads Paved Street
      • Sewer Septic Public Sanitary
      • Water Public Water
    • Schools
      • School District Taylor School District

    Contact

    Jeff Briggs

    Real Estate Agent

    RE/MAX Platinum

    Business: 734-216-6100

    Neighborhood

    48174 (Brownstown) Demographics

    39 Median Age
    750 Population Density (per sq. mile)
    26% College Educated
    $56,359 Estimated Median Income
    8,645 Estimated Total Home Owners
    3,163 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,933 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $175,000 Median Sales Price
    17 Homes Sold
    48 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,500,000
        4/12/2024 6:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,500,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.