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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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607 E King St , Corunna, MI 48817
$400,000
Est. Payment: $888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 60
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House 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.

Highlights

Listed by Jeff Glover , 734-259-1100 KW Professionals , 734-459-4700.

Property Type

Vacant Land

Lot/Acreage
25.57

County

Shiawassee

School District

Corunna

Listing ID

20261041412

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Wetland Area,Wooded,River,Waterfront
Principal Interest
$889
Taxes
$403

Home Price

$400,000

Loan Details

30 yrs
%

Down Payment

20%
$80,000
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Monthly Price:
$888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $888.89 $403.42 $0.00 $1,292.31
Yearly $10,666.67 $4,841.00 $0.00 $15,507.67
Total $320,000.00 $145,230.00 $0.00 $465,230.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Corunna, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.