$375,000

Rare 1.89-acre redevelopment opportunity in the heart of Southfield with substantial frontage along W Nine Mile Rd. Listing includes 24811 W Nine Mile Rd and sale also includes parcel IDs 24-32-202-068 and 24-32-202-069. Excellent opportunity for builders, developers, and investors seeking residential redevelopment potential. Preliminary review indicates potential for up to five (5) single-family R-1 compliant lots subject to municipal approval, land division review, and final survey/engineering. R-1 standards generally require approximately 70 feet of frontage and 9,000 sq ft per lot. Preliminary multifamily density discussions may support redevelopment concepts of up to approximately fifteen (15) 3-bedroom residential units pending rezoning, site plan approval, engineering, utilities, and public hearing process. Strong regional location with convenient access to major corridors, employment centers, retail, and transportation routes. Buyer to verify all zoning, density, frontage, utility, engineering, and development information with the City of Southfield.