3537 GREGORY Road Michigan (Lake Orion, Michigan, US - 48359) Built

SALE PENDING $2,250,000

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Michigan Homes and Cottages

Kersh | Lauri | Jillyn | Michigan Homes and Cottages 616.594.0749 (Cell) Request More Info

Vacant Land - Lake Orion, MI
Type: Lots and Land
Lot Size: 25.39 acres
MLS #: 219000218

Description

DUE TO THE DEVELOPEMENT APPROVAL PROCESS; THIS PENDING PROPERTY IS SCHEDULED TO CLOSE MARCH 29TH, 2021 This is truly the Land of Opportunity. Located just to the WEST of Baldwin Rd in a highly developing area, near the Great Lakes Crossing shopping center. New Roads are being constructed RIGHT NOW on Baldwin Rd., in order to prepare for the commercial properties to continue expanding in this zone. VALUE IS IN THE LAND / NOT THE OLD STRUCTURE. property is vacant with old structure; to be torn down by buyer. This land fits perfectly in any developers design. Perhaps to construct a perfect executive style hideaway home near I-75. This rolling hilly wooded property is rare to find and offers great potential to many types of developers. Showings on Property Only/ structure not habitable.

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Brokered and Advertised by : RE/MAX Encore

Population

Total population	9,800
Male population	4,822
Female population	4,978
Median age	38.30
Median age (male)	40.00
Median age (female)	36.20

Marital status (Number of people who have the following marital status)

Never married	2,373
Married	4,464
Separated	35
Widowed	248
Divorced	621

Population by age

Under 15	2,094
Age 15 to 24	1,166
Ages 25 to 44	2,811
Ages 45 to 64	2,817
Age 65 and over	912

Population mobility

Live in the same house as 1 year ago	8,512
Moved from abroad	0
Moved from a different state	114
Moved from the same county	763
Moved from the same state	312

Population by poverty level

Above poverty level	8,808
Below poverty level (daily income under $1.90/day)	788

Employment

White collar	4,423
Blue collar	743

Class of worker

Self employed	263
Private company	4,178
Not for profit company	418
Government workers	307

Households

Total households	3,741
Family households	2,649
Non-family households	1,092
Households with children	1,328
Households without children	2,413
Average people per household	2.60

Education (Number of people who have achieved the following levels of education)

No high school	86
Some high school	1,596
Some college	2,003
Associate degree	628
Bachelors degree	1,823
Graduate degree	Not available

Income/Financial

Average household income	$113,760
Median household income	$84,594
Median income under 25	$26,477
Median income 25-44	$91,496
Median income 45-64	$103,417
Median income over 65	$60,870

Housing occupancy

Housing units	3,995
Occupied housing units	3,741
Owner occupied units	2,566
Renter occupied units	1,175
Median housing costs per month	$1,332
Median gross rent per month	$1,072

Housing by year built

Year built median	1991
Built before 1939	44
Built between 1940 and 1949	87
Built between 1950 and 1959	327
Built between 1960 and 1969	325
Built between 1970 and 1979	734
Built between 1980 and 1989	416
Built between 1990 and 1999	1,060
Built between 2000 and 2009	427
Built after 2010	575

Housing mortgage situation

Houses with mortgage	1,931
Houses without mortgage	635
Median value with mortgage	$290,900
Median value without mortgage	$149,200

Demographic data shown in this section was gathered from the 2019 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

P2#1297199957

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Information is deemed to be correct but not guaranteed.