Development Opportunity, 24 Lots

Farm Description

Twenty Four Centrally Located Infill Lots, Ready TO BE Developed.

Cash Price: 7.56-Acre property package comprises 24 individual properties, ranging from 0.24 acres to 0.4 acres, with the average lot size being 0.31 acres. Interspersed between the lots you'll find nicely maintained single-family homes with estimated market values between and a 5-mile radius population of 142,575 and a daytime population of 154,846, this is an ideal location for new residential development, inside the I-75, I-475, I-69 beltway. The interstate is only a few blocks to the west and the Flint River immediately to the east. Located squarely in Flint, MI these properties are within easy reach of numerous employers, including many national brands, as well as medical clinics right around the corner. General Motors Flint Engine Operations is a 12-minute drive and General Motors Parts Division is a 14-minute drive. Both locations each employ hundreds of people. Bishop International Airport and the University of Michigan Flint campus are both located 10 minutes away. For homeowners who may commute a bit further, Detroit/Ann Arbor are a 1 hour 15 minute drive, Lansing is a 55 minute drive, and Saginaw is a 38 minute drive.

Eight of the lots have legal and physical access and would be ready for homes almost immediately. Sixteen of the lots have legal, platted access but currently lack physical access and a road would need to be developed. This 24 property package represents a unique opportunity for a builder/developer and is sure to not last long.

Property ID Number: 11904

Acreage: 7.56

Legal Description: Lot 265 Riverforest NO 2,Lot 266 Riverforest NO 2,Lot 267 Riverforest NO 2,Lot 268 Riverforest NO 2,Lot 269 Riverforest NO 2,Lot 270 Riverforest NO 2, Lot 272 Riverforest NO 2, Lot 273 Riverforest NO 2, Lot 274 Riverforest NO 2, Lot 275 Riverforest NO 2, Lot 276 Riverforest NO 2, Lot 277 Riverforest NO 2, Lot 278 Riverforest NO 2, Lot 280 Riverforest NO 2, Lot 279 Riverforest NO 2, Lot 271 Riverforest NO 2, Lot 191 Riverforest NO 2, Lot 182 Riverforest No 2 Township Flint., Lot 171 Riverforest NO 2, Lot 165 Riverforest NO 2, Lot 164 Riverforest NO 2, Lot 163 Riverforest NO 2, S 65 FT OF Lot 39 And N 5 FT OF Lot 40 Riverforest, Lot 1 Riverforest, Township Flint.

Access: Direct access via dirt road - River Point Dr

Elevation: 751 ft above sea level

Street Address: River Point Dr & River Oak Dr

City: Flint

State: Mi

Zip Code: 48532

County: Genesee

Zoning: Genesee, MI - (R-1C) Single Family Residential (Flint Township), Multi- Family District, Rm-1 Multiple Family Residential, Single Family Residential, Rm-1 Multiple Family Residential, Residential

Hoa: N/A

Subdivision Name: Riverforest

GPS Coordinates: 43.0197, -83.7452

Closest Major City: Detroit, Michigan - 71 miles

Closest Small Towns: Grand Blanc, MI - 14.1 miles/20 min, Mt Morris, MI - 13.7 miles/18 min, Lapeer, MI - 25.4 miles/29 min

Nearby Attractions: Mott Park - 2.8 miles/7 min, Riverview Canoe Landing, Canoe & Kayak Launch - 2.7 miles/8 min, Flint Iceland Arenas - 4.4 miles/10, Swartz Creek Valley Park - 3.2 miles/10 min

Activities Allowed on the Property or Nearby: Hiking, Swimming, Sight Seeing

Current Water Source? Yes

Details about existing water source: Water is available. The service provider is City of Flint Water Department

Currently have sewer? Yes

Is it allowable to install a septic system? Yes, if the sewer line is not available within 200 ft

Details about existing sewer or septic: City of Flint Water Department

Currently have electricity? Yes

Details about existing power: There are power lines nearby. The service provider is Consumers Energy