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    V/L Jaric Ln Muskegon charter Township, MI 49445

    Sponsored
    For Sale
    $349,900

    16.93 Acres, R1 Zoning, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 16.93-acre commercial land parcel, located in Muskegon Charter Township, Michigan, presents a compelling investment opportunity. Currently zoned R1, the property offers significant potential for residential development, including single-family homes or site condos. Preliminary assessments suggest the parcel could accommodate approximately 29 units or homesites, aligning with the master plan's medium-density residential designation (maximum 20 units per acre). Conveniently situated on Jaric Lane, with the APN 61-10-004-200-0010-10, this property boasts readily accessible water and sewer services at the street. The strategic location within Muskegon Charter Township, Michigan, 49445, offers a promising environment for residential growth. Further development possibilities could be unlocked by acquiring an adjacent parcel, potentially enabling a second access point and facilitating a larger, higher-density project. This prime land presents a rare chance to capitalize on the area's residential demand. The asking price for this significant parcel is $349,900.

    Property Features for 0 V/L Jaric Ln

    General Information

    Property type
    Land
    Lot Size
    737,471 SF

    HighLights

    • 16.93‑acre commercial land parcel in Muskegon Charter Township, MI (APN 61‑10‑004‑200‑0010‑10).
    • Currently zoned R1, suitable for residential development (approx. 29 units/homesites).
    • Water and sewer readily available at the street.
    • $349,900 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Muskegon charter Township
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2037569
    Latitude
    43.2940984

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    FAQs

    What type of property is this?
    Land - 16.93 Acres, R1 Zoning, Development Potential
    Where is this land located?
    The property is located at V/L Jaric Ln Muskegon charter Township, MI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: 16.93-acre commercial land parcel in Muskegon Charter Township, MI (APN 61-10-004-200-0010-10).; Currently zoned R1, suitable for residential development (approx. 29 units/homesites).; Water and sewer readily available at the street.
    (616) 520-5467
    Request Owner's contact information
    V/L Jaric Ln Muskegon charter Township, MI 49445
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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
    V/L Jaric Ln Muskegon charter Township, MI 49445
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