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Land Parcel with Planned Unit Engineering

5741 Lakeshore Road, Fort Gratiot, MI 48059

For Sale
$550,000

37-acre parcel on Lakeshore Dr. with engineering work completed for 124 units across two phases.

Property SizeContact for details
Lot Size37.00 Acres
Days on Market374

Property Features for 5741 Lakeshore Road

General Information

Standard status Active
Lot size 37.00 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 124

Taxes and HOA fees

Annual Taxes $11,335
Listing Agency: LMC Realty Inc
Listed By: Lawrence M Ciaramitaro · License #6502126008
Source: Compass
Added: Nov 1, 2025 Changed: Nov 1 Last Checked: Nov 8 at 7:47AM

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 LMC Realty Inc

Rey
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Investment Insights

Based on property information with market context.

This 37-acre land parcel is located on Lakeshore Dr. Engineering work was completed in 2005 for a planned development of 124 units, comprised of 62 duplexes. The planning is described in two parts: the first 36 units on 11 acres, and the next 88 units on 26 acres. Broker is available for engineering drawings.

The property is identified as facing Lakeshore Dr. and is being offered for sale as a land development site.

The existing engineering materials and phased unit layout provide a documented starting point for evaluating development design and acreage allocation within the overall 37-acre site.

Key Highlights

  • 37‑acre parcel on Lakeshore Dr. (M25) in Fort Gratiot
  • Engineering work completed (2005) for a 124‑unit development plan
  • Planned unit mix includes 62 duplexes across two phases

Property Analytics

Suggested Use

Top Pick Restaurant Parking Lot & Garage Hair Salon HVAC Service Auto Repair Shop 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.

Lease Details

124
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 48059, MI

15,319
Population
7,324
Households
2.1
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
31.7 sq mi
ZIP Area
483
Density / Sq Mi
$78,841
Median Household Income
$44,716
Median Earnings
$956
Median Rent
$199,200
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 37-acre parcel on Lakeshore Dr. with engineering work completed for 124 units across two phases.
Where is this residential land & home lot located?
The property is located at 5741 Lakeshore Road Fort Gratiot, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 37‑acre parcel on Lakeshore Dr. (M25) in Fort Gratiot; Engineering work completed (2005) for a 124‑unit development plan; Planned unit mix includes 62 duplexes across two phases
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