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    V/L 1.26Ac Townline Rd Cheboygan, MI 49721

    Sponsored
    For Sale
    $170,500

    LAND - Cheboygan, MI

    Lot size:
    1.26 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for V/L 1.26Ac Townline Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-M
    APN
    055-006-300-001-06
    Lot size
    1.26 Acres

    The TEAM Real Estate Group (989) 732-6500

    Listing agent Brian Wallace (989) 732-6500

    Listing date Dec 23, 2025

    MLS# 201838333 Listing URL

    Copyright © 2025 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.

    Overview

    Cheboygan Land for Development

    This +/-1.26 acre parcel is zoned R-M, making it suitable for townhome or low-rise apartment development. The location is in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 years and multifamily vacancy near 0%. Municipal water, sewer, and natural gas are available. The property is located near major retailers including Walmart Supercenter and Tractor Supply Co., plus local services and employment opportunities. It is adjacent to the North Eastern State Trail, supporting a lifestyle-oriented residential product attractive to long-term renters and investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.487672
    Latitude
    45.626592

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    FAQs

    What type of property is this?
    Commercial land - 1.26 AC R-M zoned land ideal for townhomes or apartments.
    Where is this commercial land located?
    The property is located at V/L 1.26Ac Townline Rd Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $170,500.
    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.
    (989) 732-6500
    Request Owner's contact information
    V/L 1.26Ac Townline Rd Cheboygan, MI 49721
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    V/L 1.26Ac Townline Rd Cheboygan, MI 49721
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