Vl Michigan Road S $500,000

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    Vl Michigan Road S Eaton Rapids, MI 48827

    • 60.00 Acres
    • Land
    MLS# 225930 | Pending
    Days On Market: 471 10 Views
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    Property Details

    Excellent development opportunity with road frontage on the M-99 corridor just North of the City of Eaton Rapids. The property is being offered well below the appraised value of $930,000 from a recent appraisal of the property. The property is 60+/- acres, it is adjacent to the Eaton Rapids North Industrial Park. Features of the property include quick highway access, public water/sewer systems if annexed to the City of Eaton Rapids, fiber optic/wireless connectivity, Local Development Finance Authority. The property is strategically located to key regions in Michigan. 80 miles to Grand Rapids, 12 miles to Lansing, 63 miles to Ann Arbor, 100 miles to Detroit, 45 miles to Battle Creek, 21 miles to Jackson, 204 miles to Chicago. The property is located on a Class A all-weather truck rou The property is located on a Class A all-weather truck route. The current zoning is Limited AG, the highest and best use would be Industrial/Commercial/Residential development. The sellers are willing to assist the buyers in the rezoning process of the property as part of a due diligence period with an accepted offer.

    • General Features
      • Zoning Agricultural
      • County Eaton
      • Current Use Agriculture,Undeveloped Land
      • Subdivision None
    • Building Features
      • Miscellaneous Crops Reserved, Level Contour, Roll Contour, Slope Contour
    • Property Features
      • Road Surface Paved
      • Soil Types Unknown
      • Water Unimproved
      • Land Acreage Over 50 Acres
      • Sewer Unimproved
      • Driveway Road Frontage
    • Schools
      • School District Eaton Rapids

    Contact

    The Miller Group Realtors Shelby and Kelly Miller

    The Miller Group REALTORS

    East Lansing

    Cell: 517-899-6486

    Neighborhood

    48827 (Eaton Rapids) Demographics

    43Median Age
    143Population Density (per sq. mile)
    28%College Educated
    $60,495 Estimated Median Income
    4,906Estimated Total Home Owners
    1,190Estimated Total Renters
    80% / 20%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    15,972Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $164,950 Median Sales Price
    22 Homes Sold
    28 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $500,000 -23.08%
        8/14/2019 12:49:47 PM Status Changed Source New Value: Pending
        5/29/2019 8:49:41 AM Status Changed Source New Value: Active Backup
        5/9/2018 2:51:00 PM New in Database Source New Value: $650,000

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        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.