VL Johnson Road , 0.64 Acres

Gaylord, MI

Others for Sale - $200,000


Agent Info

Michael Heath
Coldwell Banker Schmidt Realtors

Property Info

CIMLS#1178363
Location
  VL Johnson Road , 0.64 Acres
  Gaylord MI 49735
UpdatedJuly 8th, 2025
TypeOthers
Price$200,000

Property Description

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.


Financials


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