Vacant Land For Sale

17.39 Acres Willoughby & Cedar Park Drive

Cedar Park Drive, Holt, MI 48842

Property Details

Acreage

17.39 acres

Zoning

RM - Residential Multifamily

Parcel ID

25-05-15-126-016

Price

$700,000

Description

17.39 Acres zoned RM - Residential Multifamily - allows for 6-12 unit acres.

Location

Quiet waterfront setting walkable to all necessary amenities. Quick access to I96 and US127 interchange.

Highlights

  • +/- 17.39 Acre Parcel for Apartment/Condo Development.
  • Zoned RM (Residential Multifamily) Rentable Product Permitted.
  • Master Planned High Density Residential.
  • (6) Units an Acres Permitted, (12) Units an Acres with Special Approval.
  • (2) Bodies of Water allow for a Waterfront Setting.
  • Great Logistics - Near Trade Area (Grocery, Shopping, Freeway Access).

Location

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Demographics

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 1-Mile Radius3-Mile Radius5-Mile Radius
Total Population6,74149,516100,934
Total Households3,21322,51644,072
Persons / Household2.102.182.25
Avg. Household Income$67,002$77,215$76,461
Per-Capita Income$32,579$35,544$34,153
Avg. Home Value$167,058$190,360$189,807
Median Age40.537.537.2

Source: US Census Bureau ACS 2024 5-Year Estimates.

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