For Sale
$300,000

1155 Knight Rd Essexville, MI 48732

15-Acre Multifamily Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 15-acre multifamily land parcel, located at 1155 N Knight Rd, Essexville, MI 48732 (APN 070-049-400-025-00), presents a compelling investment opportunity. Priced at $222,000, this property boasts a prime location with excellent visibility and convenient access to M-25, a Class "A" road. The land is level and ready for development, featuring existing utilities including sewer, water, electricity, and gas. Zoned for multifamily use, this site is situated in a desirable, quiet neighborhood with low taxes and a strong community. Its proximity to the Saginaw Bay and numerous shopping options adds significant appeal. The property's high-end location and easy access to the Thumb of Michigan further enhance its investment potential. The existing infrastructure and multifamily zoning make this a turnkey opportunity for developers seeking to capitalize on the growing demand for housing in this area. Consider the potential for a variety of multifamily developments, given the ample space and convenient access to major roadways. This is a rare chance to acquire a substantial parcel in a thriving community with significant upside potential. The property's size and location make it suitable for a variety of uses, including a potential hospital site, given its accessibility and infrastructure.

Highlights

  • 15-acre site in a high-end, low-tax area with convenient M-25 access and a quiet neighborhood.
  • Prime location near Saginaw Bay, east of Bay City, offering easy access to Michigan's Thumb region.
  • Multi-family zoning, consistent with surrounding development.

Property Details for 1155 Knight Rd

Property type
Mobile home & RV parks, Land

Location Insight

City
Essexville
County
Bay
State
Michigan
Latitude
43.5990066
Longitude
-83.7994615

FAQs

What type of property is this?
Mobile home & RV park - 15-Acre Multifamily Development Opportunity
Where is the mobile home & rv park located?
The property is located at 1155 Knight Rd Essexville, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 15-acre site in a high-end, low-tax area with convenient M-25 access and a quiet neighborhood.; Prime location near Saginaw Bay, east of Bay City, offering easy access to Michigan's Thumb region.; Multi-family zoning, consistent with surrounding development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1155 Knight Rd
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