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$ 599,000
Est. payment | /mo
4.05 Acres Lot
$ 599,000
Est. payment | /mo
4.05 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Municipality Lowell City
MLS Listing ID 26023217
Annual Tax Amount $859
Tax Year 2025
Lot Size 4.051 Acres
Acres 4.05
Lot Dimensions 425x380
Property Sub-Type Commercial Land
Source Michigan Regional Information Center (MichRIC)
Property Description
4.01 acres in the City of Lowell, already zoned R3 for residential development. Flat ground. Water and sewer available at the site. Natural gas available. No structures on the ground.
This is a shovel-ready position. R-3 zoning is in place, the ground is flat, water and sewer are available, and multifamily is a permitted use by right. The standard density cap of 10 units/acre puts this parcel at approximately 40 units by right. The City of Lowell has already approved a density increase on a comparable R-3 parcel (a 2.5-acre site where the city agreed to a higher unit count above the standard allowance), demonstrating a path to additional density for a developer willing to engage the planning process. No rezoning required to start building.
This is a shovel-ready position. R-3 zoning is in place, the ground is flat, water and sewer are available, and multifamily is a permitted use by right. The standard density cap of 10 units/acre puts this parcel at approximately 40 units by right. The City of Lowell has already approved a density increase on a comparable R-3 parcel (a 2.5-acre site where the city agreed to a higher unit count above the standard allowance), demonstrating a path to additional density for a developer willing to engage the planning process. No rezoning required to start building.
Location
State MI
County Kent
Exterior
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Phone Available, Storm Sewer, None
View Y/N No
Schools
High Schools Lowell Senior High School
School District Lowell
Others
Tax ID 41-20-02-101-019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Greenridge Realty (Lowell)
Schools and Properties Nearby