Vl South Michigan Road

Eaton Rapids, MI 48827

$387,500
Last Sold Price
2,613,600 / 60
Lot Size / Acres
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Closed 11/7/19
Closed 11/7/19

Description

Excellent development opportunity with road frontage on the M-99 corridor just North of the City of Eaton Rapids. The property is being offered well below the appraised value of $930,000 from a recent appraisal of the property. The property is 60+/- acres, it is adjacent to the Eaton Rapids North Industrial Park. Features of the property include quick highway access, public water/sewer systems if annexed to the City of Eaton Rapids, fiber optic/wireless connectivity, Local Development Finance Authority....Excellent development opportunity with road frontage on the M-99 corridor just North of the City of Eaton Rapids. The property is being offered well below the appraised value of $930,000 from a recent appraisal of the property. The property is 60+/- acres, it is adjacent to the Eaton Rapids North Industrial Park. Features of the property include quick highway access, public water/sewer systems if annexed to the City of Eaton Rapids, fiber optic/wireless connectivity, Local Development Finance Authority. The property is strategically located to key regions in Michigan. 80 miles to Grand Rapids, 12 miles to Lansing, 63 miles to Ann Arbor, 100 miles to Detroit, 45 miles to Battle Creek, 21 miles to Jackson, 204 miles to Chicago. The property is located on a Class A all-weather truck rouThe property is located on a Class A all-weather truck route. The current zoning is Limited AG, the highest and best use would be Industrial/Commercial/Residential development. The sellers are willing to assist the buyers in the rezoning process of the property as part of a due diligence period with an accepted offer.; Trees Info: Yes
  1. Listed by Brock Fletcher • Brokerage DRE #6505318720 • Keller Williams Realty Lansing-East
    P: (517)-853-6408 C: (517)-303-3262 brock@kwsellingteam.com
  2. Listed by Jordon Fletcher • Brokerage DRE #6505318720 • Keller Williams Realty Lansing-East
    P: (517)-927-8488 C: (517)-927-8488 j.fletcher@kw.com

Property Details for Vl South Michigan Road

Zoning Description
Agricultural
LISTING CLOSED: 11/07/2019 12:00 AM

Property Details for Vl South Michigan Road

StatusClosed
MLS #630000225930
Days on Market377
Taxes$655 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size60.00 AC
CountyEaton County
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Location

Listing Courtesy of Keller Williams Realty Lansing-East

Sold By RE/MAX Finest

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Building Information for Vl South Michigan Road

Lot Size60.00 AC

Payment Calculator

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$2,024 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,970

Property Taxes

$55

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Vl South Michigan Road

Summary
Location and General Information
  • Directions: M99/Michigan Road just south of Smith Road on the west side of M99
  • Latitude: 42.529205
  • Longitude: -84.643244
  • MLS Area Major: Area23121Eaton Rapids Twp
Taxes and HOA
  • Parcel Number: 30002740000104
  • Tax Amount Summer: $655.45
  • Tax Annual Amount: $655.45
  • Tax Assessed Value: $23,348.00
  • Tax Legal Description: 60 Acres in Section 27 of Eaton Rapids Township, Eaton County, MI
  • Tax Year: 2017
School Information
  • High School District: Eaton Rapids
Parking
  • Parking Features: On Street
Property
Lot Information
  • Lot Size Acres: 60.0
  • Lot Size Dimensions: Odd-See Survey
  • Lot Features: High Speed Internet Available, Rolling Slope, Wooded
  • Road Surface Type: Paved
  • Topography: 768
Farm Information
  • Vegetation: Crops Reserved
Property and Assessments
  • State Equalized Value: 81200.0
  • Table: VL
  • Class Name: Land
  • Current Use: Agricultural, Unimproved
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for Vl South Michigan Road

DateEvent & SourcePriceAppreciation
Nov 7, 2019

Sold

Realcomp #630000225930

$387,500—
May 21, 2019

Contract Signed

Realcomp #630000225930

—
May 9, 2018

Listed (Active)

Realcomp #630000225930

$849,000—
DateEvent & SourcePrice
11/07/2019

Sold

Realcomp #630000225930

$387,500
05/21/2019

Contract Signed

Realcomp #630000225930

—
05/09/2018

Listed (Active)

Realcomp #630000225930

$849,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

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Nearby home values

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2670 South Michigan Road, Eaton Rapids, MI 48827
$535,000
2
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2700 South Michigan Road, Eaton Rapids, MI 48827
$122,500
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2592 South Michigan Road, Eaton Rapids, MI 48827
$75,000
–
–
–
2.16
2736 South Michigan Road, Eaton Rapids, MI 48827
$97,500
3
1,356
2
2580 South Smith Road, Eaton Rapids, MI 48827
$15,000
3
2
1,352
3.87

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Lansing-East

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