MLS # 201835736

Commercial land with frontage on the northbound off-ramp of I-75's Exit 279, the southern Gaylord interchange. Gaylord continues to grow in both population & as a business destination for the surrounding region. Zoned B-2 allows a large number of uses that benefit being at a high visibility property. MDOT's 2024 traffic count is 25,843/day. That breaks down to 13,882/day on I-75, 11,961/day on S. Otsego by Exit 279, & 1339/day on Johnson Rd. Land Contract Terms offered: 25% down, 15 yr. amort. @ 7.5% yields a $1390.52/mo. payment with a 3 year balloon. The corner ribbons are estimated and not necessarily marking the survey corner monuments.
Source: SparkMLS
Asking $150,000.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Michael E. Heath
COLDWELL BANKER SCHMIDT GAYLORD
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
VL Johnson Road, 0.64 Acres, Gaylord, MI 49735
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