Description
Exceptional 25-acre development opportunity within the city limits of Corunna offering over 650 feet of road frontage and more than 600 feet of frontage along the scenic Shiawassee River. Ideally located across from Corunna High School and within walking distance to downtown, this rare parcel combines a premier location with outstanding long-term potential. Approximately 18 acres of open ground and 7 wooded acres provide a beautiful setting for future development. Public water and sewer are available, and the property has previously been the subject of multifamily development plans and approval of brownfield redevelopment incentives, creating a unique opportunity for investors and developers seeking to capitalize on significant redevelopment advantages. Buyers are encouraged to verify all zoning, density, permitted uses, and municipal requirements. The existing barn is being removed, creating a cleaner site and additional flexibility for future planning. Existing improvements include the original homestead and outbuilding/workshop. The property offers multiple possibilities, including residential development, planned unit development, multifamily housing, or a private estate investment. Large tracts of land with river frontage, municipal utilities, and development potential within city limits are increasingly rare. Whether you are looking to build, invest, or create a transformative project, this remarkable property offers the scale, location, and opportunity to bring your vision to life. Property is also offered as a residential listing. Refer to MLS # 20261041324 for additional information regarding the existing home and improvements.
Details
| MLS # | 61000307 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 113 |
| Listing Provided By | KW Professionals | Jeff Glover |
Features
| Zoning | Multi-Family,Residential |
|---|---|
| Acreage | 25.57 |
| Water Front | Yes |
Exterior
| Lot Features | Split Possible, Wooded |
|---|
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 4841 |
|---|
Area Information
| State | MI |
|---|---|
| County | Shiawassee |
| City | Corunna |
| Zip Code | 48817 |
| Area | Corunna (78017) |
| Listing VS Median (in 48817) | |
Price: $400,000 low | high Med: $200,000 On site: 113 low | high Med: 233.5 | |
Market Activity 48817
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Learn More About This Property
| State | MI |
|---|---|
| County | Shiawassee |
| City | Corunna |
| Zip Code | 48817 |
| Area | Corunna (78017) |
| Listing VS Median (in 48817) | |
Price: $400,000 low | high Med: $200,000 On site: 113 low | high Med: 233.5 | |
