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33658846
33658847

VL Oxbow Drive, Fort Gratiot, MI 48059

Berkshire Hathaway HomeServices Kee Realty Ft Gra
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty Ft Gra, Berkshire Hathaway HomeServices Kee Realty
$2,500,000
195 days on market
Updated 15 days ago

VL Oxbow Drive

Details
APN 74200322001000
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Residential (+1)
Square Footage 9,999
NOI $9,999
Acreage 63.000

Mixed Use | 9,999 SqFt

Marketing description

A developer’s dream on 63+ acres with 3,700 feet Black River frontage! 63+ acres across 14 parcels with an incredible 3,700 feet of Black River frontage in highly sought-after Fort Gratiot. This expansive property presents a rare opportunity for a visionary developer or investor. Multiple zoning classifications, including residential and multi-family, create a wide range of potential uses, from a riverfront residential community to a mixed-density development. The setting showcases exceptional natural beauty with wooded areas, open land, and panoramic water views. Located near major retail, schools, parks, and Lake Huron access, the site combines convenience with a sense of retreat. Few properties in St. Clair County compare in scale, location, and potential. An extraordinary chance to shape one of the area’s most impressive development sites. Site includes 8 homes currently rented for $68,000 annually, providing immediate cash flow while planning a larger project. Tax amounts in listing include all 14 parcels. Sale includes tax ID numbers: 74200322001000, 74200293006000, 74200293007000, 74200322002000, 74200322003000, 74200322004000, 74200900079000, 74200900079500, 74200900082000, 74200900083000, 74200900084000, 74200900085000, 74200900086000, 74205350002000.
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Listing Contacts

Berkshire Hathaway HomeServices Kee Realty Ft Gra
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty Ft Gra, Berkshire Hathaway HomeServices Kee Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$9,999.00
$833.25/mo

Valuation Metrics

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DSCR
0.4%
Cap Rate
0.4%
ROI

Map

Zoning

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R-1A ResidentialSingle FamilySingle Family Residential
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View all 22 uses
View all 22 uses
Last updated May 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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