Mill Pond
Vacant Land
for Sale
| Catylist Listing ID: |
30214647 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
8.50 Acres
|
| Sale Price: |
$990,000 |
| Unit Price: |
$116,470 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/10/2019 |
Overview / Comments
|
+/-8.5 Acres located west off of Ripley Road, south of Rolston Road. The property has +/-1,000 ft. of frontage on the Shiawassee river and is directly across the street from Ponemah Lake Estates. The development could accommodate up to +/-90 residential units and the city is open to single family, condos, apartments, mixed development or senior/assisted living.
|
Additional Details
| Nearest MSA: |
Flint |
| County: |
Genesee |
| Tax ID/APN: |
61-20-200-010 |
| Zoning: |
R-4 HIGH DENSITY MULTI FAMILY RESIDENTIAL |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,991 |
25,538 |
44,610 |
| Median Age: |
40.4 |
40.6 |
40.26 |
| Households: |
1,552 |
10,219 |
17,551 |
|
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