3365 Field RdClio, MI 48420

Property Details for 3365 Field Rd

Lot size

15.00 AC

Property type

Land

Description

This exceptional 15-acre commercial land parcel, identified by APN numbers 18-15-300-010 and 18-15-300-012, presents a compelling investment opportunity in Clio, Michigan. Located at 3365 Field Road, 48420, this property is zoned MU-1 and boasts city water and sewer access, significantly reducing infrastructure development costs. The asking price is $125,000, translating to an attractive price per acre of $2,358.49. A previously approved preliminary site plan outlines the potential for a 57-unit duplex condominium development, offering a clear path for immediate project initiation. This development opportunity is further enhanced by the seller's motivation to close in 2021 and the availability of land contract terms, providing flexible financing options. Situated in a growing community, this property offers significant long-term potential for substantial returns. The property's location in Genesee County, Michigan, provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a large, well-located parcel with a proven development history, making it ideal for both experienced developers and investors seeking a high-return project.

Location Insight

City

Clio

County

Genesee

State

Michigan

Latitude

43.184

Longitude

-83.7485

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