Land Parcel with Planned Unit
For Sale
$550,000
5741 Lakeshore Road, Fort Gratiot, MI 48059
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 Market206
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
(586) 457-3040
Listed By:
Lawrence M Ciaramitaro · License #6502126008
(586) 457-3040
Source:
Compass
Added: Jan 15
Changed: Aug 8
Last Checked: Jul 20 at 6:51PM
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
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.
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
Current Use
Lease Details
124
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
