±1.26 AC zoned R-M, ideal for townhome or low-rise apt development in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 yrs & multifamily vacancy near 0%. Municipal water, sewer & natural gas available. Located near major retailers including Walmart Supercenter & Tractor Supply Co., plus local services & employment. Adjacent to the North Eastern State Trail, supporting a lifestyle-oriented residential product attractive to long-term renters & investors.
Lot/land
$100,000
V/l 126ac Townline Rd, Cheboygan, MI 49721
--beds
0baths
1.26Acres
Unimproved Land
Built in ----
1.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Zoned r-m
- 265 days
- 15
- 1
Zillow last checked:
Listing updated:
Listed by:
Brian Wallace 989-858-5426,
The TEAM Real Estate Group 989-732-6500
Source: WWMLS,MLS#: 201838333
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Frontage type: None
Lot
- Size: 1.26 Acres
- Dimensions: 1.26
Details
- Parcel number: 05500630000106
- Zoning: R-M
- Wooded area: 0
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: T37N/R1W
Location
- Region: Cheboygan
Financial & listing details
- Date on market: 12/23/2025
- Listing terms: Cash,Cash to New Mortgage
- Ownership: Owner
- Road surface type: Maintained, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $100,000-41.3% |
Source:  WWMLS #201838333 Report a problem | ||
| 12/23/2025 | Listed for sale | $170,500 |
Source: WWMLS #201838333 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 49721
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