Multifamily-Zoned Development
V/L 1.70AC Townline Rd & Stempky St Cheboygan, MI 49721
V/L 1.70AC Townline Rd & Stempky St, Cheboygan, MI, 49721
$150,000
For Sale
$150,000
LAND - Cheboygan, MI
Lot Size1.70 Acres
Days on Market205
Property Features for V/L 1.70AC Townline Rd & Stempky St
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-M
- Standard status
- Active
- APN
- 055-006-300-001-05 & 055-006-300-001-06
- Lot size
- 1.70 Acres
Taxes and HOA fees
- Tax Description
- Parcel A & 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 212.12FTTO 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# 201838335
Listing URL
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Investment Insights
Based on property information with market context.
This offering includes about 1.70 acres of residential development land presented as two parcels, approximately 1.26 acres and 0.44 acres, both zoned R-M. The configuration provides flexibility for development together or separately. The site is supported by municipal water and sewer, with natural gas also available, which can help streamline improvements for residential construction.
The property is located in Cheboygan, MI, at V/L 1.70AC Townline Rd & Stempky St. The land is adjacent to the North Eastern State Trail and is described as being near major retailers, including Walmart Supercenter and Tractor Supply Co., along with nearby shopping, services, and employment.
From a development perspective, the R-M zoning aligns with townhomes, duplexes, and low-rise apartment concepts as described in the remarks. The listing also references a 2024 MSHDA-supported Housing Needs Assessment identifying a 400+ unit rental gap in Cheboygan County over the next five years, alongside multifamily vacancy near 0%. For operators and builders seeking a utility-served, R-M zoned site that can be configured as one project or two, these parcels may fit a range of workforce or market-rate housing plans within the limits of the stated zoning.
The property is located in Cheboygan, MI, at V/L 1.70AC Townline Rd & Stempky St. The land is adjacent to the North Eastern State Trail and is described as being near major retailers, including Walmart Supercenter and Tractor Supply Co., along with nearby shopping, services, and employment.
From a development perspective, the R-M zoning aligns with townhomes, duplexes, and low-rise apartment concepts as described in the remarks. The listing also references a 2024 MSHDA-supported Housing Needs Assessment identifying a 400+ unit rental gap in Cheboygan County over the next five years, alongside multifamily vacancy near 0%. For operators and builders seeking a utility-served, R-M zoned site that can be configured as one project or two, these parcels may fit a range of workforce or market-rate housing plans within the limits of the stated zoning.
Key Highlights
- Prime location: Adjacent to the North Eastern State Trail and near major retailers.
- High‑demand rental market: Cheboygan County has a documented 400+ unit rental gap over the next 5 years.
- Zoned R‑M: Ideal for townhomes, duplexes, and low‑rise apartments.
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 - Two parcels totaling 1.70 acres zoned R-M with municipal utilities available for low-rise multifamily housing.
Where is this residential land & home lot located?
The property is located at V/L 1.70AC Townline Rd & Stempky St Cheboygan, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime location: Adjacent to the North Eastern State Trail and near major retailers.; High‑demand rental market: Cheboygan County has a documented 400+ unit rental gap over the next 5 years.; Zoned R‑M: Ideal for townhomes, duplexes, and low‑rise apartments.