3 Acres of Prime Property located in Downtown South Lyon. Sale includes 345 N. Lafayette AND 405 N. Lafayette. 188 feet frontage on Layette (Pontiac Trail) Perfect spot for new Retail shops with Apartments or Lofts. Many possibilities! Value is in the land. Current buildings are tenant occupied. Do not approach tenants or walk property without permission.
The median home value in South Lyon, MI is $400,600. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in South Lyon, MI is $400,600. Approximately 81.96% of South Lyon homes are owned, compared to 16.07% rented, while 1.97% are vacant. South Lyon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Lyon real estate agent to arrange a tour today!
South Lyon, Michigan 48178 has a population of 11,786. South Lyon 48178 is more family-centric than the surrounding county with 38.15% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in South Lyon, Michigan 48178 is $79,345. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in South Lyon 48178 is 43.8 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 34.8 inches per year, with 41.5 inches of snow per year.