Estate or Development Parcel Torrey/Reid Roads

Vacant Land for Sale
Catylist Listing ID: 30291542
Gross Land Area: 54 Acres
Sale Price: $495,000
Unit Price: $9,166 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/18/2018

Overview / Comments

- 54 acre parcel located in Southern Genesee County lying approximately 1 mile from US-23 and I-75 interchanges.

- Located directly off US-23.

- The property is a former estate that is improved with a 2,200 sf main house, 800 sf single family ranch style house, barn, detached garage and a large man made pond. The southern portion of the property is currently being farmed.

- Potential uses besides an estate property include assisted living facility, veterinary offices, stables, and medical and dental offices.

- Property can also be seen as a conference center or wedding reception facility as the Barn has 7,400 usable sf when used in conjunction with other onsite improvements. The property also lends itself for a photography studio due to may attractive onsite settings. Such uses may require re-zoning.

-There are 671 motel rooms within 1 1/2 miles of the property.

- For more information please contact Greg Baehr at 810-341-3534.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Mundy Township
Tax ID/APN: 15-14-100-010
Property Located Between: Hill Rd. on North, US-23 on East, Grand Blanc Rd. on South, Torrey Rd. on West.
Largest Nearby Street: Torrey Road
Feet of Frontage: 1,295
Traffic/Vehicle Count: 6,000
Highway Access: One mile from two US-23 Highway Interchange, one at Hill Road and one at Grand Blanc Road. US 23 Hwy - 55,000 annual average daily traffic count
Airports: Bishop Airport within 10 minute drive
Site Description: The 54 acres is divided into 2 sections: Approximately 9 acres lie north of Reid Road and 45 acres lie south of Reid Road. Improvements south of Reid Road includes 2,200 sf 2-story house, 800sf ranch house, 7,400 sf 2-level barn, large garage and man-made pond with adjacent flagpole.
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,823 30,940 88,815
Median Age: 43.56 38.15 37.75
Households: 1,557 12,957 37,005
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