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    OFF-MARKET
    Land

    0 V/L Jaric Ln, Muskegon charter Township, MI 49445

    16.93 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 16.93 ac (737,471 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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