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$2,000,000
3 Beds
2.5 Baths
1,800 SqFt
31.66 Acre Lot
1,379,110 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1950
Neighborhood
Days on Website 164

Property Map

$2,000,000 – 530 Five Lakes Road, Gaylord, MI 49735

Street View

Courtesy of Greenridge Realty (Summit), Melvin R Blohm.

Description

Prime Commercial Land Opportunity Discover the potential of this expansive 32-acre parcel boasting an impressive 1,337 feet of frontage along I-75. Located just 4 minutes north of the Gaylord exit (exit 282), this site offers endless possibilities for your commercial vision to flourish. The sandy soil enhances the land’s versatility, making it ideal for various developments. Situated a mere 5 minutes from Brook Gaylord and Otsego Resort, this location is perfect for attracting both locals and tourists. With Gaylord’s population growing at 2.6% annually and over 33,000 cars passing by on I-75 daily, this prime commercial land is an unparalleled investment opportunity, ready to accommodate a wide range of commercial endeavors.

Property Details and Features

Property Access

  • Road Surface Type: “Paved”

Appliances & Equipment

  • Appliances: “Washer”, “Refrigerator”, “Oven”, “Dryer”, “Dishwasher”, “Built-In Electric Oven”

Basement

  • Basement: “Full”

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 3 total bathrooms

Bedrooms

  • 3 total bedrooms

Building

  • Architectural Style: “Ranch”
  • Building Area Source: Other
  • Building Area Total: 1,000
  • Construction Materials: “Aluminum Siding”, “Stone”, “Wood Siding”
  • Living Area: 1,800
  • Year Built: 1950
  • 2 stories

Exterior Features

  • Features: “Patio”

Fireplaces

  • Features: “Den”
  • Building includes fireplace
  • 1 total fireplace

Garage

  • Attached Garage
  • Garage Included
  • 2 garage spaces

Heating

  • Heating: “Baseboard”, “Forced Air”
  • Heating Included

Interior Features

  • Features: “Ceiling Fan(s)”, “Garage Door Opener”, “Eat-in Kitchen”, “Pantry”

Laundry

  • Features: “In Basement”

Listing

  • Contract Status Change Date: 2024-07-29
  • Expiration Date: 2025-03-20
  • Listing Agreement: No
  • Listing Contract Date: 2024-07-22
  • Listing Id: 24039053
  • Listing Terms: “Cash”, “Conventional”
  • Mls Status: Active
  • Modification Timestamp: 2024-09-25 13:09:54
  • On Market Date: 2024-07-29
  • Original Entry Timestamp: 2024-07-29 20:04:45
  • Original List Price: $2,000,000
  • Special Listing Conditions: “None”
  • Standard Status: Active
  • Status Change Timestamp: 2024-07-29 20:04:44
  • 171 cumulative days on market
  • 171 days on market

Location

  • City: Gaylord
  • State Or Province: MI
  • County Or Parish: Otsego
  • Postal Code: 49735
  • MLS Area Major: Outside MichRIC Area – Z
  • MLS Area Minor: Outside MichRIC Area – Z

Lot

  • Features: “Corner Lot”, “Level”, “Tillable”, “Wooded”
  • 31.66 acres
  • Area: 31.66
  • Dimensions: 976 x 1332 x 1137 x 1337
  • 1,379,110 square feet

Owner Pays

  • Owner Name: Agent

Parking

  • Features: “Garage Faces Front”, “Garage Door Opener”, “Attached”

Property

  • Occupant Type: Owner
  • Parcel Number: 080-028-300-015-00
  • Property Sub Type: Single Family Residence

Additional Rooms

  • Rooms Total: 8

Schools

  • Middle Or Junior School District: Gaylord

Sewer

  • Sewer: “Septic Tank”

Taxes

  • Annual Amount: $1,264
  • Tax Year: 2023

Utilities

  • Utilities: “Natural Gas Available”, “Electricity Available”, “Storm Sewer”, “Public Water”, “Public Sewer”
  • Water Source: “Well”

Windows

  • Features: “Replacement”