101 Carriage Ln Coldwater, MI 49036
- Industrial properties
- 1 SF
- 6.57 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 101 Carriage Ln
- Year built
- 2005
- Lot size
- 6.57 lot acres
- Property size
- 1 SF
- Property type
- Industrial properties
Description
This exceptional 6.57-acre parcel presents a remarkable multi-family development opportunity in the thriving city of Coldwater, Michigan. Strategically located near the Clemons Food Group campus and the convenience of I-69, this property offers unparalleled access to major transportation routes and a robust local economy. The site is zoned A3, MULTI-FAMILY RESIDENTIAL DISTRICT, allowing for a high-density development with an estimated potential of up to 220 units. Existing infrastructure, including established roadways and readily available water and sewer services, significantly reduces development costs and timelines. The property's prime location is further enhanced by its proximity to a variety of amenities, including The Apartments at Sauk Trail, Home Depot, Camping World, a Holiday Inn Express & Suites, a movie theater, and numerous dining establishments. This vibrant community atmosphere ensures a high demand for residential units, making this a highly attractive investment for developers seeking a lucrative and strategically positioned project. The 1-square-foot building on the property is not considered a significant factor in the overall value proposition. This is a rare opportunity to acquire a large, well-situated parcel ready for immediate development in a rapidly growing area. The asking price is $1,450,000.
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
- Coldwater
- County
- Branch
- State
- Michigan
- Longitude
- -84.967
- Latitude
- 41.9409
