Your email has been sent.
Stempky St - Vacant Land 0.44 Acres of Residential Land Offered at $99,000 in Cheboygan, MI 49721
INVESTMENT HIGHLIGHTS
- Close Proximity to Walmart, Family Fare, & Other Main Shopping Franchises
- Previous MSHDA Study Conducted
- Zoned Multifamily
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $99,000 | Lot Size | 0.44 AC |
| Price Per AC | $225,000.00 |
| Price | $99,000 |
| Price Per AC | $225,000.00 |
| Lot Size | 0.44 AC |
DESCRIPTION
0.44 acres zoned R-M, well suited for a duplex or small townhome project addressing Cheboygan County’s documented shortage of rental housing. The 2024 MSHDA Housing Needs Assessment confirms sustained demand for additional rental units, including attached housing formats that serve workforce households, downsizers, and smaller renter profiles. Countywide vacancy rates remain extremely tight, supporting new infill-scale residential development. The parcel is served by municipal water, sewer, and natural gas and benefits from prior MSHDA market research and site review, providing confidence in feasibility. Adjacent to the North Eastern State Trail and near major retailers, daily services, and established residential neighborhoods, the site offers both convenience and lifestyle appeal. A strong opportunity for builders or investors seeking a lower-cost entry point into a high-demand rental market with flexible development potential.
PROPERTY TAXES
| Parcel Number | 055-006-300-001-05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,500 |
PROPERTY TAXES
Presented by
Stempky St - Vacant Land
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.