Listed by Colliers - Royal Oak/Detroit, Michigan
$7,500,000
Leforge Rd. | Superior Township, Michigan
Details
Property Type Land
Sub Type Residential, Development
Acreage 82.150
Brookwood Superior | Superior Township, Michigan
Investment highlights
- Fully Entitled 82.15-Acre Master-Planned Development Opportunity – One of the few shovel-ready residential development sites in the Ann Arbor market with approvals already in place.
- Approved for 339 Residential Units Plus Senior Living Component – Entitlements include 208 apartments, 35 townhomes, 96 senior living units, clubhouse amenities, and pickleball courts, creating a diversified residential community. Immediate Path to Development – Significant entitlement risk has already been removed, allowing developers to accelerate timelines and reduce carrying costs.
- Located in the High-Demand Ann Arbor MSA – Positioned within Superior Township, benefiting from the economic strength of the Ann Arbor region, home to the University of Michigan, major healthcare systems, and a highly educated workforce.
- Multiple Revenue Streams Within One Community – Apartments, active adult/senior housing, and townhomes provide diversified absorption and exit strategies.
- Purpose-Built Lifestyle Community – Planned amenities including a clubhouse and pickleball courts cater to today's renters, active adults, and senior residents seeking community-oriented living.
- Rare Scale in an Infill-Constrained Market – 82.15 acres offers the ability to create a true destination neighborhood at a scale increasingly difficult to replicate in Washtenaw County
- Strong Demographic Tailwinds – The project is positioned to capitalize on continued demand for both multifamily housing and age-targeted residential product in Southeast Michigan.
- Flexible Phasing Potential – The approved mix allows developers to phase apartments, senior living, and townhomes independently to match market demand and optimize returns.
- Attractive Basis at $7.5 Million – Acquisition provides control of a fully approved mixed-product community at a fraction of replacement entitlement costs and timeline risk.
Listing Contacts
Listed by Colliers - Royal Oak/Detroit, Michigan
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Zoning
PC PlannedPlanned Community District
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