Multi-Family/Residential Development Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30029246
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 9.50 Acres
Sale Price: $99,900
Unit Price: $10,515 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

This development opportunity consists of a previously-approved high-density residential PUD in an area of well-maintained condominiums, multi-family townhomes and a senior living complex. The site is in a central location with easy access to educational, retail, and recreational opportunities. Acquisition opportunities range from 2.75 to 22 acres.

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: City of Muskegon
Tax ID/APN: 24-747-000-0001-20
Zoning: RM-1
Property Located Between: Hackley and Young Ave
Property Visibility: Good
Legal Description: Long Legal on File in Listing Office
Largest Nearby Street: Hackley Ave and Seaway Drive.
Feet of Frontage: 100
Highway Access: Hackley to Seaway Drive/US-31 Business to US-31
Airports: Muskegon County Airport
Site Description: Level, buildable site
Lot Frontage: 100
Lot Depth: 1230
Zoning Description: The RM-1 Low Density Multiple Family Residential Districts are designed to provide sites for multiple family dwelling structures, and related uses, which will generally serve as zones of transition between the nonresidential districts and the lower density One Family and Two Family Residential Districts, and MHP Mobile Home Park Districts.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,000 58,813 106,355
Median Age: 36.35 36.31 37.81
Households: 4,200 23,652 40,991

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