Listed by Exclusive House of Real Estate
$649,000
Prime Investment Opportunity
Details
Property Type Land, Mixed Use
Sub Type Apartment Building, Commercial
Acreage 40.000
Zoning Multi-Family, Commercial
40 Prime Acres with 6 Parcels Zoned Multi-Family and Commercial with Dedicated County Road
Marketing description
Prime Investment Opportunity! 40 prime acres in Mt. Morris, MI, boasting Clio & Mt. Morris Roads frontage (Clio Rd approx. 295ft, Mt Morris Rd approx. 1,025ft). Ideal for commercial, office, retail, or multi-family development. Cannabis-friendly Township with established ordinances. Six parcels with approved splits, more potential. Leased annually for agriculture. Interior parcel (approx. 7 acres) earmarked for rezoning—current zoning includes MDM (Medium Density Multiple Family) and C2-Commercial. Survey and environmental reports available. Seller financing option. Close to shopping, dining, Flint Bishop Airport, and major freeways. Selling Agent is related to the seller.
Listing Contacts
Listed by Exclusive House of Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
