For Sale
$400,000

Coldwater Rd Mount Morris Township, MI 48504

38 acres, I-75 frontage, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • 38-acre parcel with approximately 25 acres buildable.
  • Significant frontage on Coldwater Road and approximately 2,000 feet of I-75 frontage.
  • Three I-75 billboards generating approximately $15,500 in annual income.
  • Currently leased for agricultural use.
  • M-1 (Light Industrial) zoning.
  • Asking price: $400,000.

Property Details for 0 Coldwater Rd

Property type
Land
Lot Size (sq. ft)
1,655,280 SF

Location Insight

City
Mount Morris Township
County
Genesee
State
Michigan
Latitude
43.0900142
Longitude
-83.7441786

FAQs

What type of property is this?
Land - 38 acres, I-75 frontage, high income potential.
Where is the land located?
The property is located at Coldwater Rd Mount Morris Township, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 38-acre parcel with approximately 25 acres buildable.; Significant frontage on Coldwater Road and approximately 2,000 feet of I-75 frontage.; Three I-75 billboards generating approximately $15,500 in annual income.
How can I contact the broker?
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0 Coldwater Rd
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