Commercial lot ready for construction!

Sundance Drive Norway, MI 49870

Norway
FOR SALE
Property Type:
Commercial Land Development
Amount:
$99,500
Cap Rate:
0.00%
Last Verified:
Oct 09, 2024

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Oct 09, 2024 14:27:32



Cleared 1.26 acre lot in town, with excellent visibility and easy access off US Hwy 2. All sand offers excellent conditions for construction, with water/sewer, phone, electric, cable, and gas available.

Map of Sundance Drive , Norway, MI, 49870

Presented by:
Stephens Real Estate

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Ryan Gordon


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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.