Listed by P.A. Commercial Corporate & Investment Real Estate
$2,977,000
5845 John R Rd
Details
APN 20.11.226.037
Property Type Land
Sub Type Residential
Price Per Acre $325,000
Acreage 9.160
Zoning R-1C
Land | 9.16 acres R-1C Development Opportunity in Affluent Troy Neighborhood
Marketing description
This 9.16-acre development opportunity is located within the R-1C One Family
Residential District. Per the City of Troy Zoning Ordinance, this district is designed
to be the most restrictive of the residential Districts as to use. The intent is to
provide for environmentally sound areas of low-density, single-family, detached
dwellings, through the varying of lot sizes and the development options which will
accommodate a broad spectrum of house sizes and designs - appealing to the
widest spectrum of the population. Water, sewer, gas, electricity, phone, and
cable all are on site.
Investment highlights
- Prime development opportunity in Troy
- Zoned R-1C for residential development
- 280' of frontage on John R Road
- All utilities available on the site
- Located in an affluent area with excellent demographics
- Average household income within 1 mile is $163,400
- Lot Frontage 280 ft
- Lot Depth 1,268 ft
Listing Contacts
Listed by P.A. Commercial Corporate & Investment Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
