V/L S DEARING RD #40 Acres Vacant Land S $500,000

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    V/L S DEARING RD #40 Acres Vacant Land S Spring Arbor, MI 49283

    • 40.00 Acres
    • Land
    • MLS# 21043160
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    Views: 979 Days On Site: 1232

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    Property Details

    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.

    • General Features
      • Tax Annual Amount 2994.82
      • County Or Parish Jackson
      • Property Sub Type Acreage
      • Subdivision Name None
    • Building Features
      • Bathrooms 0
    • Property Features
      • Waterfront Y/N false
      • Lot Size Acres 40
      • Lot Size Area 40.0
      • Road Surface Type Paved
      • Association Fee 0.0
      • Lot Features Cleared
      • Association Y/N false
    • Schools
      • High School District Western

    Neighborhood

    49283 (Spring Arbor) Demographics

    30 Median Age
    265 Population Density (per sq. mile)
    56% College Educated
    $66,815 Estimated Median Income
    810 Estimated Total Home Owners
    243 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,694 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $310,000 Median Sales Price
    4 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $500,000
        7/21/2021 5:08:00 PM New in Database Source: Multiple Listing Service New Value: $500,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.