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16240 W 12 Mile Rd - Bedford Villa-development opportunity

2.34 Acres of Commercial Land Offered at $1,050,000 in Southfield, MI 48076

Commercial Land Michigan Southfield 16240 W 12 Mile Rd, Southfield, MI 48076

Investment Highlights

  • Great location in Southfield.
  • Currently approved for assisted living/multifamily or office building.
  • In process of re-zoning to accommodate a storage facility.

Executive Summary

This property has fresh market studies for rental, multifamily, senior living and assisted living. Currently zoned for office. The site is shovel ready. Seller is looking for all offers...As dirt the seller will 1M...if the property is being sold as assisted living he has a turn key package....bring offers.

Attachments

Bedford Site Survey

Property Facts

Price $1,050,000 Property Type Land
Sale Type Investment or Owner User Property Subtype Commercial
Sale Conditions Redevelopment Project Proposed Use
Office
  • Apartment Units
  • Apartment Units - Senior
  • Healthcare
No. Lots 1 Total Lot Size 2.34 AC
Price $1,050,000
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Apartment Units
  • Apartment Units - Senior
  • Healthcare
Total Lot Size 2.34 AC

1 Lot Available

Lot

Price $1,050,000 Lot Size 2.34 AC
Price Per AC $448,717.95
Price $1,050,000
Price Per AC $448,717.95
Lot Size 2.34 AC

Lots 19 & 20 Bedford Villa's S. E. 1/4 & the E. 1/2 of the S.W.1/4 of the section 12 T.I.N R10 E Southfield Twp, (now City of Southfield)

Description

This property was an old assisted living site that has since been torn down and cleared for a new building. The property is approved for another assisted living/multifamily or office building . The seller has owned the property since 2007. Since covid he has decided to sell the property. We do have recent market studies that support the need for modern assisted living and independent living properties. Can provide renderings and anything else a buyer would want to see.

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PROPERTY TAXES

Parcel Number 24-12-451-020 Improvements Assessment $5,620
Land Assessment $220,610 Total Assessment $226,230

PROPERTY TAXES

Parcel Number
24-12-451-020
Land Assessment
$220,610
Improvements Assessment
$5,620
Total Assessment
$226,230

zoning

Zoning Code OS
OS
(248) 761-1401

Contact

  • Beth Beal
    Beth Beal
  • Fourmidable Real Estate Services LLC

  • Listing ID: 21422575

  • Date on Market: 11/5/2020

  • Last Updated:

  • Address: 16240 W 12 Mile Rd, Southfield, MI 48076

More public record information on 16240 W 12 Mile Rd, Southfield, MI 48076

The Land Property at 16240 W 12 Mile Rd, Southfield, MI 48076 is currently available for sale. Contact Fourmidable Real Estate Services LLC for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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16240 W 12 Mile Rd, Southfield, MI for sale Building Photo- Image 1 of 3
Aerial Map
16240 W 12 Mile Rd, Southfield, MI for sale Site Plan- Image 2 of 3
Bedford Villa SP-1 Site Plan-SP-1 Metco Site Plan

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16240 W 12 Mile Rd - Bedford Villa-development opportunity
(248) 761-1401 x

16240 W 12 Mile Rd - Bedford Villa-development opportunity

Beth Beal

(248) 761-1401

(248) 761-1401

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