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7801 US-131 Hwy - 12 Acres, S US 131 12 Acres of Commercial Land Offered at $540,000 in Cadillac, MI 49601
INVESTMENT HIGHLIGHTS
- High Visibility
- Close to exit/entrance ramps to expressway
- Just south of busy downtown
EXECUTIVE SUMMARY
12 acre parcel of prime development property located on S Business 131 just south of Downtown Cadillac. The location has neighboring properties with the Michigan State Police, MDOT head quarters building, and a medical office park across the street. There are two hotels, a restaurant, retail, and more medical office just to the north. The on/off ramp for US 131 is less than 1/2 mile away. The property is currently zoned residential, but is surrounded by commercial and office/service zoning. Township authorities have indicated zoning change very probable. Currently on the property there is a an 1860 sq ft home that is livable, but the property is being marketed as commercial development property. There is another 8 acres congruent to the south that is available for a total of 20 acres.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $540,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 12.00 AC |
| Zoning | Residential, Commercial - The property is currently zoned residential, but is surrounded by commercial and office/service zoning. Township authorities have indicated zoning cha | ||
| Price | $540,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 12.00 AC |
| Zoning | Residential, Commercial - The property is currently zoned residential, but is surrounded by commercial and office/service zoning. Township authorities have indicated zoning cha |
1 LOT AVAILABLE
Lot
| Price | $540,000 | Lot Size | 12.00 AC |
| Price Per AC | $45,000.00 |
| Price | $540,000 |
| Price Per AC | $45,000.00 |
| Lot Size | 12.00 AC |
N 462.72 FT OF NW 1/4 OF SW 1/4 OF SW 1/4 & N 1/2 OF NE 1/4 OF SW 1/4 OF SW 1/4. SUB TO US 131 R/W --12.03 A M/L-- CL. SEC. 10 T21N R9W -CAPS- [[ASSESSED W/ 10-3302 & 10-3303 '00
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7801 US-131 Hwy - 12 Acres, S US 131
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