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19817315
19817316

1392 S Williams Lake Rd, White Lake charter Township, MI 48386

WA
MI 6501411463
NAI Farbman
Listed by NAI Farbman
$800,000
645 days on market
Updated 20 days ago

1392 S Williams Lake Rd

Details
Property Type Land
Sub Type Commercial
Price Per Acre $323,887
Acreage 2.470
Zoning RM-1

Land | 2.47 acres

Marketing description

The Charter Township of White Lake has been encouraging projects that focus on more density, thereby adding additional high quality rental units. 1392 S. Williams Lake Road is located on the west side of Williams Lake Road, north of Cooley Lake Road and contains approximately 386.60 feet of frontage on Williams Lake Road. Consisting of approximately 2.50 acres. The site is surrounded by RM-1 zoning to the North, South and West. The Seller’s concept plan details one, 16-unit building (two bedrooms per unit) on the east side of the site. Parking is shown on the west side of the building, with two driveways accessing Williams Lake Road at the north and south ends of the site. The stated the density for RM-1 was 6 to 8 units per acre. Uses: Duplexes, townhomes, stacked ranches, flats, traditional multi‐family rental apartments. Densities expected to range between 6.0 and 10.0 units per acre, based upon the product type, zoning classification and approved development plan. The Seller’s concept plan details one, 16-unit building (two bedrooms per unit) on the east side of the site. Parking is shown on the west side of the building, with two driveways accessing Williams Lake Road at the north and south ends of the site. The stated the density for RM-1 was 6 to 8 units per acre. Consisting of approximately 2.50 acres. The site is surrounded by RM-1 zoning to the North, South and West.

Investment highlights

  • 2.47 Acres (1,551 SF Residence to be Demolished)
  • RM-1 (Attached Single Family)
  • 16-20 Attached Single Family Units / Site Plan Approved
  • Municipal Water and Sanitary Sewer are Available
  • No Wetlands or Floodplain
  • 386.60' of Frontage on Williams Lake Road
  • Dense Residential Lakes Area with Close Proximity to New Retail Corridor and Apartments
  • Backing a Recently Developed Residential Neighborhood
  • Strong Demographics

Listing Contacts

WA
MI 6501411463
NAI Farbman
Listed by NAI Farbman

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