77 acres school rd - for sale -...

CHIP EGBERTAssociatecegber [email protected]

EXCLUSIVELY LISTED BY:

77 ACRES SCHOOL RD - FOR SALER O C H E S T E R H I L L S , M I

E X E C U T I V E S U M M A R Y : 77 Acres School Rd | Rochester Hills, MI 48307

Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335

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DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Total Households: 2,401 28,322 67,757

Total Population: 6,277 70,839 172,456

Average HH Income: $73,198 $86,733 $89,725

PROPERTY HIGHLIGHTS

• Excellent industrial opportunity

• Brownfield incentives for redevelopment in place

• Michigan senate passed bill to facilitate brownfield clean-ups

OFFERING SUMMARY

Sale Price: $3,080,000

Price / Acre: $40,000

Lot Size: 77.0 Acres

Location Description: Located on School Road, east ofJohn R and west of DequindreRoad in Rochester Hills, MI

APN: 15-24-326-008 & 15-24-302-007

Zoning: Industrial


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PROPERTY NAME: 77 Acres School Rd

PROPERTY ADDRESS: School RoadRochester Hills, MI 48307

APN: 15-24-326-008 & 15-24-302-007

ZONING: Industrial

TAXES: 2016 Winter: $1,670.072016 Summer: $1,939.78

LAND LEGAL DESCRIPTION: T3N, R11E, SEC 24 E 1/2 OF SW 1/4 EXC BEG AT S 1/4 COR, TH N 89-21-00 W 1325.12 FT, THN 00-15-20 E 656.59 FT, TH S 88-08-40 E 1326.45 FT, TH S 00-20-20 W 628.72 FT TO BEG, ALSOEXC BEG AT PT DIST N 00-11-04 W 2766.95 FT & N 87-44-46 W 786.17 FT FROM S 1/4 COR, THSWLY 830 FT ALG CEN LINE OF HONEYWELL DRAIN, TH N 87-44-66 W 23 FT TO TRAVERSEPOINT 'A', SD POINT 'A' LOCATED DIST N 87-44-46 W 53.00 FT & S 52-09-55 W 165.28 FT & S03-07-16 W 140.85 FT & S 23-28-06 W 196.70 FT & S 50-05-19 W 189.63 FT & S 09-58-51 W75.75 FT ALG TRAVERSE LINE FROM PT OF BEG, TH N 87-44-46 W 124.32 FT, TH N 00-11-24W 217.76 FT, TH N 00-05-52 W 415.79 FT, TH S 87-44-46 E 554.16 FT ALG E & W 1/4 LINE TOBEG, ALSO EXC ALL THAT PART OF N 43 FT OF E 1/2 OF SW 1/4 WHICH LIES E OF CEN LINEOF HONEYWELL DRAIN, ALSO EXC S 10 FT OF N 53 FT OF E 1/2 OF SW 1/4 WHICH LIES WOF LINE 30 FT E OF & MEAS AT RIGHT ANG & PARA TO CEN LINE OF HONEYWELL DRAIN59.17 A8/16/90 COR L 11293 P 718

UTILITIES: City Water

OCCUPANCY: Vacant

P R O P E R T Y D E TA I L S : 77 Acres School Rd | Rochester Hills, MI 48307


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B R O W N F I E L D I N C E N T I V E S P G 1 : 77 Acres School Rd | Rochester Hills, MI 48307


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L O C AT I O N M A P S : 77 Acres School Rd | Rochester Hills, MI 48307


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* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 6,277 70,839 172,456MEDIAN AGE 35.0 37.1 39.4MEDIAN AGE (MALE) 34.0 36.2 38.4MEDIAN AGE (FEMALE) 35.4 38.3 40.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 2,401 28,322 67,757# OF PERSONS PER HH 2.6 2.5 2.5AVERAGE HH INCOME $73,198 $86,733 $89,725AVERAGE HOUSE VALUE $229,586 $244,818 $257,937

D E M O G R A P H I C S M A P : 77 Acres School Rd | Rochester Hills, MI 48307

77 acres school rd - for sale -...

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