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$75,000
Est. payment /mo
0.94 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80060418
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 142x290
Property Sub-Type Vacant Land
Property Description
Prime one-acre lot with excellent future potential, located near existing commercial development and a newly constructed roundabout. While currently zoned for residential use, the properties viability as a home site has diminished due to surrounding growth and traffic flow patterns. However, its location strongly supports a future rezoning to Office Service use. The City of Cadillac is beginning a comprehensive rewrite of its zoning ordinances starting this August 2025, and similar properties that have exhausted their potential under current zoning are expected to be reconsidered. This lot is a strong candidate for such rezoning either through application now or likely through the upcoming rewrite process. Buyers are advised that rezoning is more easily achieved before the new ordinances are finalized. A great opportunity for investors, business owners, or developers seeking a strategic location in the path of progress. An exact traffic count for a 24-hour period is not officially available, however, it is assumed to be very high.
Location
State MI
County Wexford
Area Cadillac (83019)
Zoning Residential
Building
Lot Description Wooded
Water None
Schools
School District Cadillac Area Public Schools
Others
Ownership Private
Financing Cash,Conventional
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Listed by Cadillac Realty by Fagerman