I69 MultifamilyDavison, MI 48423

Property Details for I69 Multifamily

Lot size

38.15 AC

Property type

Agricultural properties

Property subtype

Multifamily properties

Description

This exceptional 38.15-acre parcel in Davison, Michigan, presents a remarkable multifamily development opportunity. Located near the intersection of Irish Road and I-69, this property boasts convenient freeway access and is zoned for Urban Residential - Master Planned Multifamily. Currently vacant farmland, the site offers approximately 22 buildable acres, with the remaining acreage protected by heavily wooded conservation land to the north and east. High-density residential development surrounds the property to the south and west, suggesting strong potential for increased unit density approval. The seller owns the McDermitt Drive access road leading directly to the parcel, providing convenient access for future construction. Existing nearby developments show unit densities of 12.2 units per acre and 15.8 units per acre, indicating the potential for significant returns. Municipal water and sanitary sewer utilities are available. The property's APN is 05-08-300-009. This prime location, combined with its zoning and access to infrastructure, makes this a truly exceptional investment opportunity. The asking price is $500,000, translating to approximately $13,106.16 per acre.

Location Insight

City

Davison

County

Genesee

State

Michigan

Latitude

43.0792

Longitude

-83.5577

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