5845 John R Road

Property feature image
Property gallery image
Address: 5845 John R Rd, Troy, MI 48085, USA
Chicago & Midwest + Land/Development
Created date: September 25, 2024
Date last updated: September 2, 2026
Price: $2,977,000Investment Analyzer NEW!
  • Prime residential 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

Property 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $2,977,000
Lot Size: 9.16 Acres
Opportunity Zone: No
Property Website Click Here
Address: 5845 John R Road, Troy, MI 48085, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

2651 W Huron St

Chicago, Illinois
Chicago & Midwest + Land/Development
Price: $499,900

8965 N 600 W

McCordsville, Indiana
Chicago & Midwest + Land/Development
Price: $1,500,000

8900 N Arbon Dr

Brown Deer, Wisconsin
Chicago & Midwest + Land/Development

Brokers

View All

Lenders

View All