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R-M Zoned Residential Development Land

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
2680 M-32, Gaylord, MI
Listed by Brian Wallace · License #6501403871
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.

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 ...

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.
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