34 AC on M-24, Possible P.U.D.

Vacant Land for Lease
Catylist Listing ID: 30039657
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 34 Acres
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $2,221,560
Lease Types: Modified Gross
Land Splits Available: Yes
Last Updated: 1/4/2018

Overview / Comments

• Rolling acreage that sits high up and overlooks M-24 (Lapeer Rd.) - known as the "Gateway to Orion Township."
• Can be used for general office headquarters or a major medical presence, senior housing or pad site retail.
• Parcel is potential Plan Unit Development with the ability to do up to 5 potential splits.
• PUD plans are on file for approval.
• Commercial zoning is in place.
• Owner has completed all engineering studies needed for development.
• Total land size is 33.24 acres with 17+ buildable acres.
• M-24 roadwork was just completed to widen the road, establish more turn lanes, and fully resurface M-24 from I-75 through this property's frontage and past Lake Orion proper.
• I-75 is minutes to the south of the site.
• Excellent location: Property is adjacent to BOSCH, in close proximity to GM Orion Assembly, many other Automation Alley corporations as well as Oakland University.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Tax ID/APN: 09-26-300-008
Property Located Between: Silverbell and Waldron Rds. off M-24
Property Visibility: Excellent
Largest Nearby Street: Lapeer Rd./M-24
Feet of Frontage: 1,299
Highway Access: Easy access to I-75
Lot Frontage: 1,299 feet
Lot Depth: 1,140 feet
Zoning Description: OP-2 & Commercial
Part of Planned Development?: Yes
Topography: Rolling

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,770 33,449 124,005
Median Age: 35.44 39.92 38.2
Households: 1,408 12,392 46,661


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