0 V/L Jaric Ln, Muskegon charter Township, MI 49445
This exceptional 16.93-acre commercial land parcel, located in Muskegon Charter Township, Michigan, presents a compelling investment opportunity. Currently zoned R1, the property offers significant potential for residential development, including single-family homes or site condos. Preliminary assessments suggest the parcel could accommodate approximately 29 units or homesites, aligning with the master plan's medium-density residential designation (maximum 20 units per acre). Conveniently situated on Jaric Lane, with the APN 61-10-004-200-0010-10, this property boasts readily accessible water and sewer services at the street. The strategic location within Muskegon Charter Township, Michigan, 49445, offers a promising environment for residential growth. Further development possibilities could be unlocked by acquiring an adjacent parcel, potentially enabling a second access point and facilitating a larger, higher-density project. This prime land presents a rare chance to capitalize on the area's residential demand. The asking price for this significant parcel is $349,900.
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
Similar Nearby for Lease
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.