±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
Price cut: $70.5K (6/4)
$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
- 170 days |
- 13 |
- 0 |
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: | ||
| 12/23/2025 | Listed for sale | $170,500 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49721
Nearby schools
GreatSchools rating
- 7/10Cheboygan Intermediate SchoolGrades: 3-5Distance: 0.6 mi
- 6/10Cheboygan Area High SchoolGrades: 8-12Distance: 0.6 mi
- NACheboygan Middle SchoolGrades: 4-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Cheboygan County
- Cheboygan
- 49721
- V/l 126ac Townline Rd






