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Bob Witt
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Troy MI Real Estate & Land For Sale

1 Properties Found

The median home value in Troy, MI is $362,000 This is higher than the county median home value of $285,000. The national median home value is $308,980. The average price of homes sold in Troy, MI is $362,000. Approximately 72% of Troy homes are owned, compared to 23% rented, while 6% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Troy real estate agent to arrange a tour today!
Learn more about Troy.


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$649,899

0 John R Troy, MI 48084

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
58050135910
Type:
Land
Lot size:
22.61 Acres
A broker reciprocity listing Courtesy: Realty Executives Home Towne Chesterfield
View additional info

**Prime Location! Assisted Living Facility or Multi-Family Build Site** Unparalleled opportunity in the heart of Troy. 5 Buildable Acres inside this raw 23 Acre parcel. Strategically located for strong ROI, just N of Square Lake on John R, across from Kensington Church & with Beaumont Hospital adjoining it. **Key Features:** 1. **Size:** 802' Frontage -Wetland Delineation Survey available. 2. **Location:** High visibility; Easy Access north Troy 3. **Adjacent Neighborhoods:** Parcel boundary adjoins prestigious Troy Lake Estates & is opposite exclusive Emerald Lake Estates, ensuring a prestigious and affluent flow of local traffic. 4. **Proximity to Beaumont Hospital Network:** Beaumont Hospital borders NE parcel boundary = Access to all healthcare needs of potential residents, integrates medical services seamlessly into assisted living biz model with 27 medical facility affiliates within minutes of site. 5. **Potential:** Ideal as an assisted living facility, catering to growing demand for senior housing in Troy or Townhomes to serve Residential Housing sector. 6. **Density & Demographics:** High traffic counts comprised of affluent residents offering an opportunity to create a landmark Assisted Living facility or Luxury Townhome sub in a highly-sought prime location at the epicenter of Oakland County Health Care.

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