Prime Troy Location | .62 Acre | Value in the Land
Rare opportunity to own a premier lot in one of Troy's most sought-after areas. This .62-acre parcel offers the kind of blank-canvas potential that builders and visionaries dream about — generous square footage in a market where buildable lots at this size are increasingly hard to find.
The existing structure presents two paths forward: a full cosmetic renovation for those ready to roll up their sleeves, or a clean tear-down to build the custom home you've always envisioned from the ground up. Either way, the real asset here is the land itself — positioned in a Troy address that speaks for itself.
Whether you're a developer looking for your next project or a buyer ready to build the home of a lifetime, this lot delivers the location, the size, and the opportunity. Don't miss your chance to plant roots in one of Metro Detroit's premier communities.
Lot/land
Price cut: $50.1K (6/10)
$299,900
5860 John R Rd, Troy, MI 48085
--beds
--baths
0.62Acres
Land
Built in ----
0.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days |
- 549 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Eric R Jurmo 586-524-1829,
KW Platinum 586-949-0200
Source: Realcomp II,MLS#: 20261038717
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Lot
- Size: 0.62 Acres
- Dimensions: 100 x 270
Details
- Parcel number: 2012100026
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: SUPRVRS OF MAGAN
HOA
- Has HOA: No
Location
- Region: Troy
Financial & listing details
- Tax assessed value: $66,470
- Annual tax amount: $2,413
- Date on market: 5/28/2026
- Cumulative days on market: 16 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,318/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $299,900-14.3% |
Source:  Realcomp II #20261038717 Report a problem | ||
| 5/28/2026 | Listed for sale | $350,000 |
Source: Realcomp II #20261038717 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $127,760 +13.9% |
| 2023 | -- | $112,190 +40% |
| 2022 | -- | $80,140 -16.5% |
| 2021 | -- | $95,930 +0.6% |
| 2020 | -- | $95,400 +10% |
| 2019 | -- | $86,740 +21.7% |
| 2015 | -- | $71,290 -0.1% |
| 2014 | -- | $71,330 +25.8% |
| 2011 | -- | $56,680 |
| 2010 | -- | $56,680 -12.5% |
| 2009 | -- | $64,750 +4% |
| 2003 | -- | $62,230 +21.6% |
| 2002 | -- | $51,190 +31.9% |
| 2001 | $1,390 +5.3% | $38,810 +3.2% |
| 2000 | $1,320 | $37,610 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48085
Nearby schools
GreatSchools rating
- 9/10Wass Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10Larson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Athens High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Oakland County
- Troy
- 48085
- 5860 John R Rd
Nearby cities
Nearby zip codes
Other Troy Topics
