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741 E Grand Blanc Rd

21.3 Acres of Residential Land Offered at $750,000 in Grand Blanc, MI 48439

Investment Highlights

  • Location

Executive Summary

21.3 Acres for Development with 7.5 Buildable Acres in Grand Blanc, MI
MLS# 20230051803
Discover a prime investment opportunity in Grand Blanc with 21.3 acres zoned LDMF (Low Density Multi-Family), ideal for residential or multifamily development. Key features include:
• Updated Flood Plain Map: Summer 2024 Letter of Map Amendment (LOMA) completed, providing clearer boundaries and 7.5 acres of upland for buildable area.
• Blueprints Available: Full-sized blueprints and maps are available for detailed review in our office.
• Accessible Location: Boasts 125 feet of road frontage on Grand Blanc Rd, with potential access from Perry Court to the south.
• Flexible Seller Options: Seller may consider a 1031 exchange, short-term interest-only note, or an exchange of completed units for the land.
Positioned near an adjoining 20-acre parcel zoned residential in Grand Blanc Twp (also available MLS# 20230051789), this property offers significant potential for development in a desirable location.
BATVAI. Agent is related to the seller's LLC.

Property Facts

Price $750,000
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 21.30 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $750,000
Price Per AC $35,211
Lot Size 21.30 AC

21.3 acres zoned LDMF (Low Density Multi Family) in the City of Grand Blanc. There is 125 feet road frontage on East Grand Blanc Road and another possible access point from Perry Court (to the south).

Description

Vacant land next in residential area near apartments and single family homes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
56-16-400-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$32,200

zoning

Zoning Code R-1 (Low Density Multifamily Residential)
R-1 (Low Density Multifamily Residential)
  • Listing ID: 32792421

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 741 E Grand Blanc Rd, Grand Blanc, MI 48439

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