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2611 E M 21 - Prime Development Opportunity - 2611 E M-21

1.59 Acres of Commercial Land Offered at $675,000 in Corunna, MI 48817

Executive Summary

1.59 acres of prime redevelopment land w/220’ of frontage on M-21.

Attachments

2611., E M 21

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes $6,726 $4,230.19
Operating Expenses - -
Total Expenses $6,726 $4,230.19

Financial Summary (Actual - 2023)

Taxes
Annual $6,726
Annual Per AC $4,230.19
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $6,726
Annual Per AC $4,230.19

Property Facts

Price $675,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.59 AC

1 Lot Available

Lot

Price $675,000
Price Per AC $424,528
Lot Size 1.59 AC

In front of Meijer next to Meijer Express Gas Station; surrounding users include Taco Bell, Culver’s, Starbucks & McDonalds. Home Depot, Walmart and other retailers.

Description

The property boasts 1.59 acres of prime redevelopment land with 220’ of frontage on M-21. Strategically positioned directly in front of Meijer next to their Meijer Express Gas Station, surrounding users include Taco Bell, Culver’s, Starbucks and McDonalds. Home Depot, Walmart and numerous other retailers are in proximity. +/- 70 parking spaces Utilities:  Currently serviced with a well. Public Water available at M-21.  Public Sewer from Caledonia Twp. Zoning uses include wholesale businesses and large-site retail (drive-ins and restaurants, wholesale and retail, and repair garages and service stations).   +/- $3,300 per year billboard income through 12/2026.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-16-400-012-01
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$170,300 (2024)
Annual Taxes
$6,726
Tax Year
2023

zoning

Zoning Code B-2 (Zoning uses include wholesale businesses and large-site retail (drive-ins & restaurants, wholesale & retail, and repair garages & service stations).)
B-2 (Zoning uses include wholesale businesses and large-site retail (drive-ins & restaurants, wholesale & retail, and repair garages & service stations).)
  • Listing ID: 32379218

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 2611 E M 21, Corunna, MI 48817

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