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    Coldwater Rd Mount Morris Township, MI 48504

    For Sale
    $400,000

    38 acres, I-75 frontage, high income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 38-acre parcel presents a unique investment opportunity in Genesee County, Michigan. Located on W Coldwater Rd in Flint, this property boasts significant frontage on Coldwater Road and approximately 2,000 feet of frontage along I-75, offering unparalleled visibility and accessibility. An estimated 25 acres are buildable, providing ample space for development under the existing M-1 (Light Industrial) zoning. Currently utilized as leased agricultural land on an annual basis, the property generates substantial passive income from three I-75 billboards, yielding approximately $15,500 annually. The asking price for this strategically located land is $400,000. The property's APN is 14-21-100-006. This is a rare chance to acquire a large, well-positioned tract of land with existing income streams and significant development potential in a rapidly growing area. The combination of high visibility, convenient access to major transportation arteries, and established income makes this an attractive proposition for investors and developers alike. Don't miss this opportunity to secure a prime piece of Michigan real estate.

    Property Features for 0 Coldwater Rd

    General Information

    Property type
    Land
    Lot Size
    1,655,280 SF

    HighLights

    • 38‑acre parcel with approximately 25 acres buildable.
    • Significant frontage on Coldwater Road and approximately 2,000 feet of I‑75 frontage.
    • Three I‑75 billboards generating approximately $15,500 in annual income.
    • Currently leased for agricultural use.
    • M‑1 (Light Industrial) zoning.
    • Asking price: $400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Morris Township
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7441786
    Latitude
    43.0900142

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    FAQs

    What type of property is this?
    Land - 38 acres, I-75 frontage, high income potential.
    Where is this land located?
    The property is located at Coldwater Rd Mount Morris Township, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 38-acre parcel with approximately 25 acres buildable.; Significant frontage on Coldwater Road and approximately 2,000 feet of I-75 frontage.; Three I-75 billboards generating approximately $15,500 in annual income.
    (248) 848-1253
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Coldwater Rd Mount Morris Township, MI 48504
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