$500,000
For Sale

V/L S DEARING RD

Spring Arbor, MI 49283
Browse 31 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

INCREDIBLE 40 ACRE DEVELOPMENT OPPORTUNITY IN POPULAR WESTERN SCHOOL DISTRICT. Cleared & level landscape with an outstanding potential for Mixed Use/Multi-family Residential development. Located in the heart of Spring Arbor, home of renowned Spring Arbor University & between M-60 & King Roads. This ideal location is approximately 2 miles from Western High School & 1 mile from Bean & Warner Elementary Schools. Dearing Road is in a highly desired area of residential subdivisions, apartments, office and retail properties plus only minutes to I-94 for commuters. Over 1326 Feet of Paved Frontage. Natural gas, community water and sewer lines are available for connection at the road. Seller has preliminary plans for up to 99 residential dwellings. Let new homeowners explore the Failing Waters paved recreational trails for biking, walking & running with easy access. Additional 2.63 acres adjacent land potentially available with building that could serve as sales office & frontage on M-60. Current use is Agricultural.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • RegionSpring Arbor Twp
      • School DistrictWestern
      • CountyJackson
  • Other
      • MLS #55021043160

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00