R-M Zoned Residential Development
For Sale
$100,000
V/L 1.26AC Townline Road, Cheboygan, MI 49721
LAND - Cheboygan, MI
Property SizeContact for details
Lot Size1.26 Acres
Days on Market241
Property Features for V/L 1.26AC Townline Road
General Information
Property type
Land
Property subtype
Other
Zoning
R-M
Subdivision
T37N/R1W
Lot features
Hud Allowed
Elementary school district
Cheboygan Area
Middle school district
Cheboygan Area
High school district
Cheboygan Area
Directions
From Cheboygan, take Main St. south to West Lincoln Ave. Go south on S. Huron St. Then west on Stempky St. Go until you hit Townline Rd. The property will be on the corner of Stempky St. and Townline Rd, across from the Brook.
Standard status
Active
APN
055-006-300-001-06
Lot size
1.26 Acres
Taxes and HOA fees
Tax Description
COM SW COR SEC 6, T37N,R1W;TH N 1D 23M 16S W 2267.05FT TO POB; TH CONT N 1D 23M 16S W 313.88FT TO R/W OF STEMPKY ST; TH S 87D 52M 31S E 185.88FT; TH S 5D 53M 49S E 264.94FT; TH ALG A CURVE S 6D 7M 55S E 58.42FT; TH N 86D 1M 7S W 212.12FT TO POB.
Legal Description
COM SW COR SEC 6, T37N,R1W;TH N 1D 23M 16S W 2267.05FT TO POB; TH CONT N 1D 23M 16S W 313.88FT TO R/W OF STEMPKY ST; TH S 87D 52M 31S E 185.88FT; TH S 5D 53M 49S E 264.94FT; TH ALG A CURVE S 6D 7M 55S E 58.42FT; TH N 86D 1M 7S W 212.12FT TO POB.
Listing Agency:
The TEAM Real Estate Group
(989) 732-6500
Listed By:
Brian Wallace · License #6501403871
(989) 858-5426
Added: Dec 23, 2025
Changed: Jun 4
Last Checked: Aug 21 at 7:06AM
MLS# 201838333
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is approximately 1.26 acres of residential development land zoned R-M, suitable for townhome or low-rise apartment use. Municipal water, sewer, and natural gas are available to support development planning and utility service needs.
The property is located in Cheboygan, Michigan, on Townline Road, with nearby access to major retailers including Walmart Supercenter and Tractor Supply Co., as well as local services and employment. It is also adjacent to the North Eastern State Trail, providing a lifestyle-oriented setting that may align well with residential renters.
For developers and investors seeking multifamily-adjacent sites, the R-M zoning and available utilities help support feasible residential product planning within a low-rise framework. The seller’s remarks reference a 2024 MSHDA-supported Housing Needs Assessment indicating a 400+ unit rental gap over the next five years in Cheboygan County and multifamily vacancy near 0%, which may be relevant for operators evaluating timing and demand considerations.
The property is located in Cheboygan, Michigan, on Townline Road, with nearby access to major retailers including Walmart Supercenter and Tractor Supply Co., as well as local services and employment. It is also adjacent to the North Eastern State Trail, providing a lifestyle-oriented setting that may align well with residential renters.
For developers and investors seeking multifamily-adjacent sites, the R-M zoning and available utilities help support feasible residential product planning within a low-rise framework. The seller’s remarks reference a 2024 MSHDA-supported Housing Needs Assessment indicating a 400+ unit rental gap over the next five years in Cheboygan County and multifamily vacancy near 0%, which may be relevant for operators evaluating timing and demand considerations.
Key Highlights
- Significant rental shortage in Cheboygan County (400+ unit gap projected in the next 5 years per MSHDA‑supported assessment).
- Zoned R‑M, ideal for townhome or low‑rise apartment development.
- Municipal water, sewer, and natural gas available on site.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 49721, MI
14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned R-M for townhome or low-rise apartment development with municipal water, sewer, and natural gas available.
Where is this residential land & home lot located?
The property is located at V/L 1.26AC Townline Road Cheboygan, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Significant rental shortage in Cheboygan County (400+ unit gap projected in the next 5 years per MSHDA‑supported assessment).; Zoned R‑M, ideal for townhome or low‑rise apartment development.; Municipal water, sewer, and natural gas available on site.
