792 Godfrey Street SE, Lowell, MI 49331
sale
$599,000
|
Other
Courtesy Of Greenridge Realty Inc.
3115 Orchard Vista Dr. S.E., Grand Rapids, MI 49546
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.
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Property Features
- Amenities: Cable Ready
- Legal Description: W 425.28 FT OF N 418.3 FT OF NW 1/4 * SEC 2 T6N R9W 4.07 A.
- MLSID: 26023217
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