18035 Silver Parkway, Fenton, MI 48430
2455 E Hill Rd, Grand Blanc, MI 48439
1453 N Elms Rd, Flint Twp, MI 48532

$1,795,000 1215 Stoney Creek Road Oakland Twp, MI

ID: 2210055787   Type: Land   County: Oakland   City: Oakland Twp   Zip: 48363   Style: Vacant Land     Taxes: $8,952

Mortgage $8,427 /mo

Beds

Baths

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Sqr Footage

Acres

Built

0

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39.95

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Exceptional 40 acre development site, with multiple walkout elevations and desirable pond sites in sought after Rochester School District on paved Stoney Creek Road. Natural gas at road. Across from new subdivision development. Myth Golf Course is just across the road. Township density for this property is 1.4-acre low residential density which adds great development potential. Currently has a 3 bed, 1.5 bath home on the property vacant with tenants. Rented for $2,000 per month and tenants can stay or leave with 30 day notice. Also has a 5 year renewable lease from Verizon, for $1,700 per month providing a continuous cash flow (value with a cap rate of 6% is $283,000). Rare investment opportunity for development, short term residential lease and long-term cash flow from Verizon lease. Both leases provide owner with $44,000 per year. Unlimited options!

Elementary School

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Price History

7/14/2021 Listed $1,795,000

Cumulative Days on Market 130
Land Contract No
Listing Agent Public Id 333665
Ownership Status Private Owned, Short Sale - No
Parcel Number 1016200002
Possession At Close
Property Type Vacant Land
School District Rochester
Sewer Septic-Existing
Short Sale No
Status Active
Terms Offered Cash, Conventional
Transaction Type Sale
Zoning Residential

Exterior Features

Frontage Feet 623
Lot Size Area 39.95
Lot Size Dimensions 623x2773x623x2814
Water Source Well-Existing
Waterfront No


IDX provided courtesy of Realcomp II Ltd., via American Associates REALTORS and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of November 27, 2021 12:56 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

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Direct Link:

https://www.aarealtors.net/property/83-2210055787-1215-Stoney-Creek-Road-Oakland-Twp-MI-48363

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Property vs Zip Code Avg (48363)

Price 1.79M Avg 686K

Taxes $8,952 Avg $3,414

Acres 39.95 Avg 18.21

Visits 161 Avg 147

Days on Site 136 Avg 226

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Listing Provided Courtesy Of: Century 21 Sakmar & Associates



IDX provided courtesy of Realcomp II Ltd., via American Associates REALTORS and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of November 27, 2021 12:56 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd




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Location & Address

American Associates REALTORS
2455 E Hill Rd
Grand Blanc, MI
810-242-0056
888-696-4544