Coldwater Rd Mount Morris Township, MI 48504
- Land
- 38.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Coldwater Rd
- Lot size
- 38.00 lot acres
- Property type
- Land
Description
This exceptional 38-acre parcel presents a unique investment opportunity in Genesee County, Michigan. Located on W Coldwater Rd in Flint, this property boasts significant frontage on Coldwater Road and approximately 2,000 feet of frontage along I-75, offering unparalleled visibility and accessibility. An estimated 25 acres are buildable, providing ample space for development under the existing M-1 (Light Industrial) zoning. Currently utilized as leased agricultural land on an annual basis, the property generates substantial passive income from three I-75 billboards, yielding approximately $15,500 annually. The asking price for this strategically located land is $400,000. The property's APN is 14-21-100-006. This is a rare chance to acquire a large, well-positioned tract of land with existing income streams and significant development potential in a rapidly growing area. The combination of high visibility, convenient access to major transportation arteries, and established income makes this an attractive proposition for investors and developers alike. Don't miss this opportunity to secure a prime piece of Michigan real estate.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Morris Township
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7442
- Latitude
- 43.09
