2435 Mount Morris Rd Mount Morris, MI 48458
- Land
- 25.98 lot acres
Current Use by Public Records
- Land
Property Details for 2435 Mount Morris Rd
- Lot size
- 25.98 lot acres
- Property type
- Land
Description
This exceptional 25.98-acre vacant land parcel presents a remarkable opportunity for multifamily development in Mount Morris, Michigan. Ideally situated less than two miles from downtown Mount Morris and I-75, this property boasts convenient access to major transportation routes. The land is zoned for multi-family use, offering considerable flexibility in development plans. Existing infrastructure includes sewer access at the street. Development guidelines include High Density Multifamily (HDM) zoning allowing up to 8 units per acre with a maximum building height of 2.5 stories; Medium Density Multifamily (MDM) zoning permitting up to 4 units per acre with a maximum building height of 2 stories; and Low Density Multifamily (LDM) zoning allowing up to 2 units per acre with a maximum building height of 1 story. The asking price for this expansive tract is $649,500, translating to approximately $26,751.34 per acre. This represents a compelling investment opportunity given the location, zoning, and potential for significant returns. Seize this chance to acquire a substantial land holding with exceptional development potential in a thriving Michigan community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Morris
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7311
- Latitude
- 43.1187
