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Cedarwood Dr
23.54 Acres of Residential Land Offered at $1,900,000 in Flushing, MI 48433
Investment Highlights
- Situated Less Than 3 Miles From Interstate 75
- Possibility of Creating a Higher Density Residential Development on the Property
- Convenient Amenities Are Nearby Including Grocery Stores, Pharmacies, Hardware Stores, Restaurants, and More
Financial Summary (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$1,217
|
$51.70
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,217
|
$51.70
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $1,217 |
| Annual Per AC | $51.70 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $1,217 |
| Annual Per AC | $51.70 |
Property Facts
| Price | $1,900,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Build to Suit | Total Lot Size | 23.54 AC |
| No. Lots | 1 | Cross Streets | N Elms Rd |
| Price | $1,900,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 23.54 AC |
| Cross Streets | N Elms Rd |
1 Lot Available
Lot
| Price | $1,900,000 | Lot Size | 23.54 AC |
| Price Per AC | $80,714 |
| Price | $1,900,000 |
| Price Per AC | $80,714 |
| Lot Size | 23.54 AC |
Description
A rare, 23.54-acre parcel of residential zoned land in Flushing, north of Pierson Road and west of Elms Road. Situated less than 3 miles from Interstate 75, convenient amenities are nearby including grocery stores, pharmacies, hardware stores, restaurants, and more. Approximately 9.34 acres, consisting of the southern portion of the property, is zoned R-2, allowing for two-family residential development. The remaining 14.20 acres, consisting of the northern portion of the property, is zoned R-1, allowing for single-family residential development. The surrounding multi-family developments and previous conversations with the City of Flushing allow for the possibility of creating a higher density residential development on the property.
PROPERTY TAXES
| Parcel Number | 55-25-400-006 | Total Assessment | $56,500 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | $1,217 |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
zoning
| Zoning Code | Residential (Residential Zoned Property) |
| Residential (Residential Zoned Property) |
Presented by
Cedarwood Dr
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