Black River Intercostal Waterway Development Land

Vacant Land for Sale
Catylist Listing ID: 28853668
Property Subtypes: Hospitality, Residential (Single Family), Vacation/Resort
Gross Land Area: 80 - 90 Acres
Sale Price: $1,125,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2016

Overview / Comments

Black River Meadows is a Spectacular Condo Development Located 3 Miles South and East of Cheboygan, Fronting on the Black River. Thirteen Lots have been Developed with Paved Roadways, On Site Sewage System, Natural Gas, Electic and Phone Utilities in place. A River Access Lot, Boat Landing and Dock are Devoted to Common Area Use. Twenty Two +/- Acres Remain for Development. This Property may have potential as an RV Park Location When Added to Other Owned Land, High End Home Development or for a Private Single Home. The Black River Frontage is Approximately 1,800 Feet In Length and is Wide at this Location, Ideal for Large Boats and Yachts Connecting to the Cheboygan River and the Intercostal Waterway which Connects Lake Huron to Mullett Lake through the Indian River to Burt Lake and onto Alanson and Crooked Lake. This Area of the Intercostal Waterway is Known to be a Water Skiing Haven when the Area Lakes are Churned Up Under Windy Conditions.

Additional Details

Nearest MSA: Traverse City
County: Cheboygan
Submarket Type: Redevelopment District
Tax ID/APN: Numerous
Zoning: RESIDENTIAL
Market Type: Medium
Road Type: Paved, Private
Property Visibility: Good
Legal Description: Located in the SW Quarter of Section 16, Benton Township, Cheboygan County Michigan.
Largest Nearby Street: S. River Road
Airports: Cheboygon
Site Description: High Bluff of Llevel Terrain Overlooking the Black River in a Rural Country Setting. Black River Frontage is approximately 1,500 feet. Road frontage is in Excess of 1 Mile on One Half Mile of Developed and Paved Roadway.
Lot Frontage: 5,280
Development Name: Black River Meadows
Topography: Gently Sloping
Easements: Utilities
Available Utilities: Electric, Gas, Sewer


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 863 3,570 7,425
Median Age: 45.03 46.49 45.2
Households: 353 1,513 3,083

Contact

Photograph of Listing Agent

Jeffrey R. Bean

CPIX Member
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