John R Rd
Troy, MI 48083
(on 22.61 acres)
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
22.61 acres
About this House
**Prime Location! Assisted Living Facility or Multi-Family Build Site** Unparalleled opportunity in the heart of Troy. 5 Buildable Acres inside this raw 23 Acre parcel. Strategically located for strong ROI, just N of Square Lake on John R, across from Kensington Church & with Beaumont Hospital adjoining it. **Key Features:** 1. **Size:** 802' Frontage -Wetland Delineation Survey available. 2. **Location:** High visibility; Easy Access north Troy 3. **Adjacent Neighborhoods:** Parcel boundary adjoins prestigious Troy Lake Estates & is opposite exclusive Emerald Lake Estates, ensuring a prestigious and affluent flow of local traffic. 4. **Proximity to Beaumont Hospital Network:** Beaumont Hospital borders NE parcel boundary = Access to all healthcare needs of potential residents, integrates medical services seamlessly into assisted living biz model with 27 medical facility affiliates within minutes of site. 5. **Potential:** Ideal as an assisted living facility, catering to growing demand for senior housing in Troy or Townhomes to serve Residential Housing sector. 6. **Density & Demographics:** High traffic counts comprised of affluent residents offering an opportunity to create a landmark Assisted Living facility or Luxury Townhome sub in a highly-sought prime location at the epicenter of Oakland County Health Care.
John R Rd, Troy, MI 48083 is a lot/land. It last sold for $260,000 on May 31, 2024 (60% below the $649,899 asking price). It is currently off market. The Trulia Estimate rent is $1,512/month.
Home Details for John R Rd
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Appliances & Utilities Utilities: Electricity Available, Natural Gas Available, Sewer Available |
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Frontage Frontage Type: RoadNot on Waterfront |
Water & Sewer Sewer: Public Sanitary, Public At Street |
Farm & Range Frontage Length: 810 |
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Cumulative Days on Market: 63 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 2001300002 |
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Price List Price: $649,899 |
Status Change & Dates Off Market Date: Thu May 16 2024Possession Timing: Within 30 Days |
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MLS Status: Closed |
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Direction & Address City: Troy |
School Information Elementary School District: Troy School DistrictJr High / Middle School District: Troy School DistrictHigh School District: Troy School District |
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Association for this Listing: MiRealSourceNo HOA |
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Lot Area: 22.61 Acres |
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Special Conditions: Private |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mls Number: 50135910Days In Mls: 63 |
Last check for updates: about 5 hours ago
Listed by Joan Schinderle-King, (586) 383-9975
Realty Executives Home Towne Chesterfield
Bought with: Joan Schinderle-King, (586) 383-9975, Realty Executives Home Towne Chesterfield
Originating MLS: MiRealSource
Source: MiRealSource, MLS#50135910

Price History for John R Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 05/31/2024 | $260,000 | Sold | MiRealSource #50135910 |
| 04/13/2024 | $649,899 | PriceChange | MiRealSource #50135910 |
| 03/25/2024 | $649,900 | PriceChange | MiRealSource #50135910 |
| 03/14/2024 | $649,999 | Listed For Sale | MiRealSource #50135910 |
| 01/13/2023 | $72,500 | Sold | Realcomp II #20221062862 |
| 12/23/2022 | $100,000 | Pending | Realcomp II #20221062862 |
| 11/18/2022 | $100,000 | Listed For Sale | Realcomp II #20221062862 |
Market trends in Troy
Last updated June 2026
Avg. sale price
$390K
$7.71KMoM
Sale-to-List Price
99.9%
Price per sq ft
$194
$5MoM
Available listings
244
42MoM
Comparable Sales for John R Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.94 | Lot/Land | $200,000 | 11/05/25 | - | - | ||
2.07 | Lot/Land | $121,000 | 03/26/26 | - | - | ||
2.50 | Lot/Land | $260,000 | 08/14/25 | - | - | ||
2.22 | Lot/Land | $88,500 | 07/24/26 | - | - | ||
2.55 | Lot/Land | $225,000 | 02/24/26 | - | - | ||
2.52 | Lot/Land | $110,000 | 09/11/25 | - | - | ||
2.73 | Lot/Land | $230,000 | 06/18/26 | - | - | ||
2.65 | Lot/Land | $164,000 | 06/22/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for John R Rd.
What Locals Say about Troy
At least 497 Trulia users voted on each feature.
86 % Say it's dog friendly
86 % Say car is needed
81 % Say parking is easy
78 % Say there are sidewalks
76 % Say yards are well-kept
73 % Say it's quiet
72 % Say people would walk alone at night
71 % Say there's holiday spirit
69 % Say kids play outside
60 % Say there's wildlife
55 % Say they plan to stay for at least 5 years
48 % Say streets are well-lit
46 % Say it's walkable to restaurants
46 % Say neighbors are friendly
42 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near John R Rd
Off Market Homes Near John R Rd

Source MLS: MiRealSource
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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information