REDUCED! 12.5 Acres I-75 at M-84 Dev Land TRADEMARK 989-792-6400

Vacant Land for Sale
Catylist Listing ID: 29892275
Property Subtypes: Residential (Single Family)
Gross Land Area: 12.50 Acres
Sale Price: $449,000
Unit Price: $35,920 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/21/2017

Overview / Comments

NOW REDUCED!! Rare opportunity to acquire prime COMMERCIAL development land at Exit 160 on I-75 at M-84 between Bay City and Saginaw. This property encompasses 12.5 acres bordering the Squaconning Creek and Bay Valley Resort Golf and Conference Center.

Recent engineering survey indicates that approximately 2.4 acres is presently build able due to flood plain and flood way designations, with up to 3.22 acres total build able land with suitable land modifications pursuant to Michigan DEQ review and approval. All subject to buyer verification and due diligence prior to sale.

The site was a family homestead and farm and contains a large farmhouse, agricultural barn and several outbuildings. It is generally believed that the buildings have little to no value outside of their salvage value and would need to be demolished for development. Currently zoned C-3 commercial and has great visibility from the southbound I-75 exit to M-84. McDonalds, Taco Bell/KFC and Burger King are across the road.

Call Gretchen Witherspoon at Trademark Commercial Group 989-792-6400 for more information on this unique property.

Additional Details

Nearest MSA: Bay City
County: Bay
Tax ID/APN: 030-001-300-065-00
Zoning: COMMECIAL

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,548 18,592 61,878
Median Age: 41.11 41.75 38.33
Households: 741 7,676 24,705

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