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1727 Crescent Lake rd
Waterford, MI 48327
Land For Sale
·
7.32 AC
Investment Highlights
- Pre-approved site plan for an 82-unit multifamily residential development.
- Approximately 773 feet of frontage along the Clinton River creates a unique waterfront setting.
- Municipal water and sewer are available at the street.
- Zoned R-M2 Multi-Family, supporting residential development potential.
- Approximately 400 feet of frontage on Crescent Lake Road provides visibility and access.
- Survey, construction drawings, material list, and completed utility and earthwork plans are included with the offering.
Executive Summary
The site combines substantial frontage along two valuable corridors. Approximately 400 feet of frontage on Crescent Lake Road provides visibility and accessibility, while roughly 773 feet of frontage along the Clinton River creates a distinctive natural setting that can enhance the character of a future residential development. Municipal water and sewer are available at the street, and the offering includes a survey, construction drawings, material list, and completed plans for sanitary, water, stormwater, and earthwork improvements.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 7.32 AC |
| Zoning | RS-2 - Residential/Multi-Family | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.32 AC |
| Zoning | RS-2 - Residential/Multi-Family |
1 Lot Available
Lot
| Price | $1,406,859 CAD | Lot Size | 7.32 AC |
| Price Per AC | $192,193.89 CAD |
| Price | $1,406,859 CAD |
| Price Per AC | $192,193.89 CAD |
| Lot Size | 7.32 AC |
7.32-acre property is zoned R-M2 Multi-Family and benefits from a pre-approved site plan for an 82-unit residential community.
Description
Located immediately north of Highland Road (M-59), the property benefits from convenient access to one of the region's primary east-west transportation corridors. The surrounding area contains established residential neighborhoods, retail services, restaurants, and daily conveniences that support long-term multifamily demand. Traffic counts along nearby roadways further reinforce the property's accessibility and connectivity within the Waterford market. With development planning substantially advanced, utility infrastructure available, and a location that combines natural waterfront characteristics with regional access, the property offers a compelling opportunity for developers, builders, and investors pursuing a multifamily residential project in Oakland County.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $220,505 CAD |
Property Taxes
