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23.6 Acres Lot
$ 1,100,000
Est. payment | /mo
23.6 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 50218200
Style Vacant Land
Annual Tax Amount $27,091
Lot Size 23.600 Acres
Acres 23.6
Lot Dimensions 389 x 2023 irregular
Property Sub-Type Vacant Land
Property Description
The subject property consists of 23.6 acres of unimproved land addressed as 0 Mall Road in Frenchtown Township, Monroe County, Michigan (ZIP 48162). The parcel is situated within a growing residential corridor and carries R-3-B zoning designation, a classification that permits a wide range of residential density and select institutional uses — a combination that distinguishes this site from more restrictively zoned land in the region. The raw, undeveloped character of the tract ensures that a buyer inherits no legacy improvements to remediate or demolish, allowing capital to be deployed directly toward entitlement and construction. The site's 23.6-acre footprint offers meaningful density potential for a developer pursuing multifamily or townhouse development. At typical suburban densities for the Monroe County market, the land could support a substantive number of residential units, the precise count of which would be refined through site planning and township review. The parcel's scale also makes it suitable for subdivision into single-family lots, or a phased mixed-product development combining attached and detached housing. Beyond straight residential development, the R-3-B designation creates optionality for a developer to pursue conditional use approvals for senior housing or assisted living — product categories experiencing significant demand growth across Michigan as the population ages. Child-care facilities, churches, schools, and public institutional buildings are similarly available through the conditional use process, enabling the site to anchor a broader community-serving development.
Location
State MI
County Monroe
Area Frenchtown Twp (58007)
Zoning Commercial,Residential
Building
Water Public Water
Schools
School District Monroe Public Schools
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Wiens And Roth Real Estate - Lambertville
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