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    Jennings Rd Mount Morris Township, MI 48458

    Sponsored
    For Sale
    $2,087,850

    139 Acres, I-75 Visibility, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 139.19-acre property presents a remarkable investment opportunity in Mount Morris Township, Michigan. Located on N Jennings Rd, with easy access to I-75 via the Mount Morris exit, this land boasts unparalleled visibility and convenient access. The property is zoned C-2, opening doors to a diverse range of commercial and agricultural development possibilities. The asking price is $2,087,850, translating to $16,998.34 per acre. The parcel's size and strategic location make it ideal for various ventures, from large-scale commercial projects to agricultural enterprises. Its prominent position along a major interstate provides significant exposure to a large volume of traffic. The property's APN is 14-04-200-014. This is a rare chance to acquire a substantial land holding in a high-traffic area with flexible zoning, offering significant potential for future growth and return on investment. The property's location in Genesee County, Michigan, offers access to a robust infrastructure and a thriving local economy. Don't miss this chance to secure a prime piece of Michigan real estate. The combination of size, zoning, and location makes this a truly unique opportunity.

    Property Features for 0 Jennings Rd

    General Information

    Property type
    Farms
    Lot Size
    6,063,116 SF

    HighLights

    • 139.19‑acre C‑2 zoned parcel offering diverse development potential.
    • High visibility from I‑75 with convenient access via the Mount Morris exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Morris Township
    County
    Genesee
    State
    Michigan
    Longitude
    -83.754062
    Latitude
    43.1267897

    Nearby Comparable

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      26 Acres Vacant Land

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    • $1,999,999

      139+ Acre Commercial Parcel

      Commercial land near I-75, suitable for various business ventures.
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      Prime Flint Industrial Land

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    FAQs

    What type of property is this?
    Farm - 139 Acres, I-75 Visibility, C-2 Zoning
    Where is this farm located?
    The property is located at Jennings Rd Mount Morris Township, MI.
    What is the asking price?
    The asking price for this property is $2,087,850.
    What are key features of this property?
    This property features: 139.19-acre C-2 zoned parcel offering diverse development potential.; High visibility from I-75 with convenient access via the Mount Morris exit.;
    Request Owner's contact information
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    Mount Morris Township, MI 48458
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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
    Jennings Rd Mount Morris Township, MI 48458
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