This 11.7 acre parcel is zoned Commercial C-2. It is also Master planned Multi-Family residential RM. The property could be split for a mixed use development. The property was appraised by a commercial real estate appraiser ( not a broker) for $195,000. The price is $195,000. A land contract is possible. An abandoned county drain crosses the parcel. Vertical development is not allowed on the drain, but horizontal development over the drain is allowed. With good demographics and traffic counts, you might want to share this listing with developers looking for a good investment. It is priced attractively with the lowest price per acre of any property zoned C or RM in a 10 mile radius ( This is the surrounding 341 square miles).This property was appraised for $195,000 and it is offered at the appraised price. The parcel is flat and has no easement or flood zone restrictions that would impact on development. 100% of this land can also be used for Multi-Family Residential project. 6130 Wayne Road on the west side of Wayne Road. It is located south of Van Born and north of Beverly Road. It is 3 1/2 miles from Detroit Metro Airport and 2 miles from I-94 entrance ramp.