R-M Zoned Residential Development
V/L 1.26AC Townline Road Cheboygan, MI 49721
V/L 1.26AC Townline Road, Cheboygan, MI, 49721
$100,000
For Sale
$100,000
LAND - Cheboygan, MI
Lot Size1.26 Acres
Days on Market205
Property Features for V/L 1.26AC Townline Road
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-M
- Standard status
- Active
- APN
- 055-006-300-001-06
- Lot size
- 1.26 Acres
Taxes and HOA fees
- Tax Description
- COM SW COR SEC 6, T37N,R1W;TH N 1D 23M 16S W 2267.05FT TO POB; TH CONT N 1D 23M 16S W 313.88FT TO R/W OF STEMPKY ST; TH S 87D 52M 31S E 185.88FT; TH S 5D 53M 49S E 264.94FT; TH ALG A CURVE S 6D 7M 55S E 58.42FT; TH N 86D 1M 7S W 212.12FT TO POB.
Listing Agency
The TEAM Real Estate Group
(989) 732-6500
2680 M-32, Gaylord, MI
Listed by
Brian Wallace · License #6501403871
(989) 858-5426
Added: Dec 23, 2025 Checked: Jul 16 at 11:06 pm
MLS# 201838333
Listing URL
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is approximately 1.26 acres of residential development land zoned R-M, suitable for townhome or low-rise apartment use. Municipal water, sewer, and natural gas are available to support development planning and utility service needs.
The property is located in Cheboygan, Michigan, on Townline Road, with nearby access to major retailers including Walmart Supercenter and Tractor Supply Co., as well as local services and employment. It is also adjacent to the North Eastern State Trail, providing a lifestyle-oriented setting that may align well with residential renters.
For developers and investors seeking multifamily-adjacent sites, the R-M zoning and available utilities help support feasible residential product planning within a low-rise framework. The seller’s remarks reference a 2024 MSHDA-supported Housing Needs Assessment indicating a 400+ unit rental gap over the next five years in Cheboygan County and multifamily vacancy near 0%, which may be relevant for operators evaluating timing and demand considerations.
The property is located in Cheboygan, Michigan, on Townline Road, with nearby access to major retailers including Walmart Supercenter and Tractor Supply Co., as well as local services and employment. It is also adjacent to the North Eastern State Trail, providing a lifestyle-oriented setting that may align well with residential renters.
For developers and investors seeking multifamily-adjacent sites, the R-M zoning and available utilities help support feasible residential product planning within a low-rise framework. The seller’s remarks reference a 2024 MSHDA-supported Housing Needs Assessment indicating a 400+ unit rental gap over the next five years in Cheboygan County and multifamily vacancy near 0%, which may be relevant for operators evaluating timing and demand considerations.
Key Highlights
- Significant rental shortage in Cheboygan County (400+ unit gap projected in the next 5 years per MSHDA‑supported assessment).
- Zoned R‑M, ideal for townhome or low‑rise apartment development.
- Municipal water, sewer, and natural gas available on site.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Zoned R-M for townhome or low-rise apartment development with municipal water, sewer, and natural gas available.
Where is this residential land & home lot located?
The property is located at V/L 1.26AC Townline Road Cheboygan, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Significant rental shortage in Cheboygan County (400+ unit gap projected in the next 5 years per MSHDA‑supported assessment).; Zoned R‑M, ideal for townhome or low‑rise apartment development.; Municipal water, sewer, and natural gas available on site.