0 Reil Rd, Vassar, MI 48768
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.