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Land Parcel with Six Buildable Lots
For Sale
$45,000

5235 Greenwood Road, Prescott, MI 48756

1.33-acre parcel includes six adjoining buildable lots, with two wells and electricity available at the road.

Property SizeContact for details
Days on Market323

Property Features for 5235 Greenwood Road

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $100
Listing Agency: Century 21 Signature Realty - Bay City
Listed By: Connie J Allen · License #6501278861
Source: Compass
Added: Sep 22, 2025 Changed: Aug 8 Last Checked: Jul 20 at 10:35AM

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 Century 21 Signature Realty - Bay City

Investment Insights

Based on property information with market context.

This for-sale land parcel totals 1.33 acres and is divided into six adjoining buildable lots, each measuring 50 by 200. The property has partial clearing already completed, and it includes two wells. Septic is listed as possible, and electricity is available at the road, supporting development of the lots.

The land is located at 5235 Greenwood Road in Prescott, MI 48756, with frontage along Greenwood Road.

The seller’s remarks also note contract terms of $5,000 down with 11% interest.

Key Highlights

  • 1.33‑acre parcel on Greenwood Rd, Alger, MI (5235 Greenwood Rd and 1525 Oak Park Dr)
  • Includes six adjoining buildable lots, each 50x200
  • Two wells on the property; possible septic available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Catering Service Hair Salon Nail Salon Daycare Center Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 48756, MI

4,057
Population
3,087
Households
1.3
Avg Household Size
49
Median Age
7%
College-Educated
83%
High-School Grad
79.9 sq mi
ZIP Area
51
Density / Sq Mi
$39,435
Median Household Income
$27,367
Median Earnings
$851
Median Rent
$85,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.33-acre parcel includes six adjoining buildable lots, with two wells and electricity available at the road.
Where is this residential land & home lot located?
The property is located at 5235 Greenwood Road Prescott, MI.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 1.33‑acre parcel on Greenwood Rd, Alger, MI (5235 Greenwood Rd and 1525 Oak Park Dr); Includes six adjoining buildable lots, each 50x200; Two wells on the property; possible septic available
More about this property
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