Partially Developed Residential Subdivision

Deer Park Capac, MI 48014

Deer Park, Capac, MI, 48014
Deer Park, Capac, MI, 48014 Deer Park, Capac, MI, 48014 Deer Park, Capac, MI, 48014 Deer Park, Capac, MI, 48014 Deer Park, Capac, MI, 48014 Deer Park, Capac, MI, 48014
FOR SALE
Property Type:
Residential Land Development
Amount:
$656,000
Last Verified:
Mar 27, 2024

Highlights

  • 80 Acres remaining
  • 42 single-family lots - Phase 2 & 3
  • 41 condominium units - Phase 3
  • 250 mini self-storage units - Phase 3
  • Brownfield Incentives for Housing Development

Description

Deer Park is a prime residential development site of 137+ acres in Capac, St Clair County, Michigan. 24 home units and 16-condo buildings with 48 units have been completed.

This property is located on the south border of the valley of Capac. The Village of Capac is located in St Clair County which is home to more than 163,000 residents. This property is conveniently located close to I-69 and M-53.

Lot Size: 80.0 acres


Documents

NEW Sale Brochure
Deer Park Estates_Two Page Mailer.pdf

Map of Deer Park, Capac, MI, 48014

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.