One of the last big pieces of developable land in Farmington Hills goes on the auction block June 7.
Bidding begins at 11 a.m. for the 10.49-acre site at the intersection of 14 Mile Road and Northwestern Highway, just east of Orchard Lake Road. Suggested opening bid for the property is $1,150,000, and the auction will be held at the Holiday Inn Express and Suites, 32769 Northwestern Highway. Registration will begin at 10 a.m., and remote bidding will be available.
“The seller has decided to sell this prime asset in order to monetize their equity in the property and expand their core hospitality business,” Jeff Hubbard, president of auction conductor Madison Hawk, said in a press release. “The owner is presenting area builders and developers one of the few remaining chances to purchase a large site that can be used for a signature commercial property or developed into a mixed-use residential or entirely residential neighborhood, depending on market needs.”
For additional information on this offering, call 1-800-547-1045 or visit madisonhawk.com/auctions/14NWH.