$800,000
$895,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
5295 Joy Road Salem Twp, MI 48170
78.45 Acres Lot
Key Details
Sold Price $800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 218035050
Annual Tax Amount $11,214
Lot Size 78.450 Acres
Property Description
Outstanding investment or development opportunity. This 78+ acre parcel is ideally situated between Ann Arbor, Plymouth and Northville, and approximately 1.5 miles north of M-14. There is ongoing development in the area, including the 200 acre “Salem Springs North” mixed use development, and the 588 residential site “Salem Springs South,” which are located a few miles to the east of this site. Currently zoned residential with a 2-acre minimum lot requirement. This is the next frontier of development in metro Detroit. See proposed development options at https://bit.ly/JoyDevDocs.
Location
State MI
County Washtenaw
Area Salem Twp
Zoning Residential
Building
Lot Description Hilly-Ravine, Irregular, Splits Available, Wooded
Sewer Septic-Needed
Water Well-Needed
Schools
School District Ann Arbor
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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