Multifamily-Zoned Development
For Sale
$150,000
V/L 1.70AC Townline Rd & Stempky St, Cheboygan, MI 49721
LAND - Cheboygan, MI
Property SizeContact for details
Lot Size1.70 Acres
Days on Market242
Property Features for V/L 1.70AC Townline Rd & Stempky St
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. Parcels will be on the left hand side of Stempky just prior to RR tracks to Townline Rd.
Standard status
Active
APN
055-006-300-001-05 & 055-006-300-001-06
Lot size
1.70 Acres
Taxes and HOA fees
Tax Description
Parcel A & 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 212.12FTTO POB
Legal Description
Parcel A & 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 212.12FTTO 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 22 at 5:06AM
MLS# 201838335
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 offering includes about 1.70 acres of residential development land presented as two parcels, approximately 1.26 acres and 0.44 acres, both zoned R-M. The configuration provides flexibility for development together or separately. The site is supported by municipal water and sewer, with natural gas also available, which can help streamline improvements for residential construction.
The property is located in Cheboygan, MI, at V/L 1.70AC Townline Rd & Stempky St. The land is adjacent to the North Eastern State Trail and is described as being near major retailers, including Walmart Supercenter and Tractor Supply Co., along with nearby shopping, services, and employment.
From a development perspective, the R-M zoning aligns with townhomes, duplexes, and low-rise apartment concepts as described in the remarks. The listing also references a 2024 MSHDA-supported Housing Needs Assessment identifying a 400+ unit rental gap in Cheboygan County over the next five years, alongside multifamily vacancy near 0%. For operators and builders seeking a utility-served, R-M zoned site that can be configured as one project or two, these parcels may fit a range of workforce or market-rate housing plans within the limits of the stated zoning.
The property is located in Cheboygan, MI, at V/L 1.70AC Townline Rd & Stempky St. The land is adjacent to the North Eastern State Trail and is described as being near major retailers, including Walmart Supercenter and Tractor Supply Co., along with nearby shopping, services, and employment.
From a development perspective, the R-M zoning aligns with townhomes, duplexes, and low-rise apartment concepts as described in the remarks. The listing also references a 2024 MSHDA-supported Housing Needs Assessment identifying a 400+ unit rental gap in Cheboygan County over the next five years, alongside multifamily vacancy near 0%. For operators and builders seeking a utility-served, R-M zoned site that can be configured as one project or two, these parcels may fit a range of workforce or market-rate housing plans within the limits of the stated zoning.
Key Highlights
- Prime location: Adjacent to the North Eastern State Trail and near major retailers.
- High‑demand rental market: Cheboygan County has a documented 400+ unit rental gap over the next 5 years.
- Zoned R‑M: Ideal for townhomes, duplexes, and low‑rise apartments.
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 - Two parcels totaling 1.70 acres zoned R-M with municipal utilities available for low-rise multifamily housing.
Where is this residential land & home lot located?
The property is located at V/L 1.70AC Townline Rd & Stempky St Cheboygan, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime location: Adjacent to the North Eastern State Trail and near major retailers.; High‑demand rental market: Cheboygan County has a documented 400+ unit rental gap over the next 5 years.; Zoned R‑M: Ideal for townhomes, duplexes, and low‑rise apartments.
