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Lot 5 Northwood, Grayling, MI 49738

Underground utilities are already installed, with mature trees and room for a new home on a half-acre lot.

Property SizeContact for details
Days on Market65

Property Features for Lot 5 Northwood

General Information

Standard status Active
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: Blaker Realty
Listed By: Bill Blaker · License #MI
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Jul 16 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blaker Realty

Investment Insights

Based on property information with market context.

This for-sale residential lot is part of Northwood Estates in Grayling township, with 38 lots available out of 41 total. Lot 5 is approximately one-half acre and includes some mature trees. The property is offered with underground utilities already installed, including natural gas, electric, and high-speed internet, reducing upfront utility work for a new build. Municipal water is slated to be available for the neighborhood soon, and the remaining item needed for home development is a septic system.

The neighborhood is positioned for practical access to local amenities, including schools, the library, and snowmobile trails. The description also notes the lot is about a mile from town for shopping and entertainment.

This site is well suited for buyers looking to build a primary residence and want utilities in place ahead of construction. With the foundation-ready development approach already supported by installed underground services and planned municipal water, the build plan can focus on your home design and septic system for the lot.

Key Highlights

  • Northwood Estates in Grayling township: 38 lots available out of 41 total
  • Underground utilities already installed: natural gas, electric, and high‑speed internet
  • Municipal water is slated to be available for the entire neighborhood soon

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop HVAC Service Building Supply Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 49738, MI

9,498
Population
7,299
Households
1.3
Avg Household Size
50
Median Age
21%
College-Educated
92%
High-School Grad
332.6 sq mi
ZIP Area
29
Density / Sq Mi
$57,573
Median Household Income
$33,218
Median Earnings
$855
Median Rent
$153,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Underground utilities are already installed, with mature trees and room for a new home on a half-acre lot.
Where is this residential land & home lot located?
The property is located at Lot 5 Northwood Grayling, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Northwood Estates in Grayling township: 38 lots available out of 41 total; Underground utilities already installed: natural gas, electric, and high‑speed internet; Municipal water is slated to be available for the entire neighborhood soon
More about this property
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