Ideal development property super close to town! With over 1000 feet of frontage on the TART Trail and Brewery Creek, this 3.32-acre parcel currently hosts three small rental homes but the intended R-3 zoning forecasted in the master plan has the potential to allow 23 +/- units (7 units per acre). This is a wonderful opportunity - the demand for more rental housing is present and the number of people wanting to bike into town is rising. Your tenants can hop on the TART to easily access downtown and surrounding amenities.
Multi-familyProperty Type
1950Year Built
3.32 acresLot Size
$672Est. Price/Sq.Ft.
Listed by Michael Street• Coldwell Banker Schmidt-522
Bought with Michael Street• Coldwell Banker Schmidt-522
Ideal development property super close to town! With over 1000 feet of frontage on the TART Trail and Brewery Creek, this 3.32-acre parcel currently hosts three small rental homes but the intended R-3 zoning forecasted in the master plan has the potential to allow 23 +/- units (7 units per acre). This is a wonderful opportunity - the demand for more rental housing is present and the number of people wanting to bike into town is rising. Your tenants can hop on the TART to easily access downtown and surrounding amenities.
REALCOMP #78001332232
Sep 9, 2016
Sold
$225,000
$446/sq ft
Aug 17, 2016
Listed
$250,000
$496/sq ft
REALCOMP #78001286918
Sep 9, 2016
Listing Removed
—
Aug 17, 2016
Listed
$250,000
$496/sq ft
Year
Property tax
Land + Additions
Assessment*
2019
$1,433
Tax history for 10471 E Grandview Rd
Year
Property tax
Land + Additions
Assessment*
2019
$1,433
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.91 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Leelanau County
APN
004-028-150-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jan 9, 2023.
Property details
Interior
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Forced Air, Natural Gas, Wall Furnace
Interior Features
Appliances: Oven, Refrigerator, Range
Room Information
Basement Details: Crawl Space
Exterior
Exterior Features
Patio And Porch Features: Porch
Building Information
Above Grade Finished Area: 504
Above Grade Finished Area Units: Square Feet
Levels: One
Construction Materials: Other, Wood Siding
Property Features
On Waterfront
Waterfront Features: Creek, Waterfront
Has View
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Frontage Type: Waterfront
Frontage Length: 1056
Water Body Name: Brewery Creek
Lot Size Dimensions: Irregular
Lot Size Acres: 3.32
Zoning Description: MultiFamily, Residential
Utilities
Utility Information
Water Source: Private, Well
Sewer: Public Sewer
Location
Location Information
Subdivision Name: METES AND BOUNDS
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.91 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Leelanau County
APN: 004-028-150-00
Home facts updated by county records on Jan 9, 2023
Around this home
Schools
Willow Hill Elementary School
Public PreK-5 • Assigned • 1.3mi
7/10
West Middle School
Public 6-8 • Assigned • 3.3mi
8/10
West Senior High
Public 9-12 • Assigned • 3.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Traverse City, MI • 49684
Average low and high temperatures (°F)
26
15
31
17
42
27
55
34
63
43
76
57
79
62
76
59
74
55
63
45
45
35
32
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.