Property summary
This exceptional 19.66-acre commercial land parcel in Vassar, Michigan, presents a unique investment opportunity. Located in Tuscola County, with APN 020-026-000-1000-06, the property is zoned for Residential Agriculture, offering flexibility for various development projects. The asking price is $500,000, translating to approximately $25,432 per acre. The land boasts a secluded, natural setting, featuring a mostly wooded area, a natural creek, and a small lake. Its tranquil location is ideal for a quiet residential development, yet its zoning may also permit cannabis cultivation, presenting an alternative investment avenue. Situated conveniently near the intersection of M-46 and M-15, the property offers both privacy and accessibility. While the property is largely wooded, an estimated $100,000 would be required for land clearing. This property is located north of Lapeer and northeast of Flint, offering a compelling blend of rural serenity and strategic location. The address is Reil Rd, Vassar, MI 48768. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a desirable Michigan location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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