Catylist ID:
#30810910
Commercial Vacant Land for Sale - Ann Arbor
Vacant Land
for Sale
| Catylist Listing ID: | 30810910 |
| Property Subtypes: | Industrial, Office |
| Gross Land Area: | 5 Acres |
| Sale Price: | $470,000 |
| Unit Price: | $94,000 Per Acre |
| Sale Terms: | Cash to Seller, Owner Financing, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/28/2023 |
Overview / Comments
|
5 acres located in Pittsfield Township. Preliminary site plan completed. Zoned Business District Commercial. Ideal location for Office, indoor recreation, Light manufacturing, Technology Centers/Office Research, Basic Research, Design, and Pilot or Experimental Product Development. Municipal water and sewer available. Owner will consider a 1031 exchange. Seller financing available to qualified buyers. |
Attachments & Media
Financials
| Finance Data Year | 2022 |
|---|---|
| Assessed Value - Total($) | $273,700 (Annual) |
| Real Estate Taxes - Annual($) | $13,255 (Annual) |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | Pittsfield Township |
| Tax ID/APN: | L-12-21-300-12 |
| Zoning: | BD (BUSINESS DISTRICT) |
| Property Located Between: | I-94 and Michigan Avenue (US-12) |
| Property Visibility: | Excellent |
| Legal Description: | *OLD SID - L 12-021-040-00 PI 21-2 0F COM AT SW COR OF SEC, TH ELY 1333.15 FT IN S LINE OF SEC, TH NLY 797.78 FT IN W LINE OF E 1/2 OF SW 1/4 FOR PL OF BEG, TH CONT NLY 573.0FT, TH DEFL 90 DEG RIGHT 380.10 FT, TH DEFL 90 DEG RIGHT 573.0 FT, TH DEFL 90 DEG RIGHT 380.10 FT TO PL OF BEG, BEING PART OF E 1/2 OF SW 1/4 SEC 21 T3S-R6E 5.00 AC. |
| Largest Nearby Street: | State St and Textile Rd |
| Feet of Frontage: | 573 |
| Highway Access: | I-94, US-12, US-23 |
| Airports: | DTW, Ann Arbor |
| Area Description: | Pittsfield Township is a progressive community that provides an outstanding combination of housing, education, business and a vibrant quality of life. It interconnects its residential, retail, commercial, entertainment, cultural and recreational availability via personal and public modes of transportation. Pittsfield Township has immediate and easy access to major local and state highways. It provides advantages such as; having an Ann Arbor mailing address with much lower taxes, a diverse and exceptional small business community ranging from family-owned storefronts to international franchisees, and is home to numerous larger headquartered firms, including R&D and high-tech companies throughout the township. Pittsfield boasts a robust talent pool with over 50% of its population as being college educated with more than one out of every four residents possessing a graduate/professional degree. Residents, students and business persons alike have immediate access to education being situated between the University of Michigan, Eastern Michigan University and at the back door of Washtenaw Community College. Pittsfield Township is just minutes from downtown Ann Arbor, Ypsilanti’s exciting Depot Town, collegiate sporting events, world renowned health care, hospitality/accommodations for the avid traveler, and recreational opportunities such as golf, mountain biking, canoeing, hiking or just plain enjoying the beauty and relaxation of the natural scenery. |
| Lot Frontage: | 573 |
| Lot Depth: | 380 |
| Zoning Description: | Intent. The BD Business District is intended to provide a zoning district that encourages creative, well planned, employment-intensive mixed research, office, and commercial development in a campus-like setting. The District encourages consistent and uniform site layouts, architecture designed to attract business and light industry that is clean and unobtrusive to surrounding properties, development opportunities for high skill jobs close to residential areas, thus reducing travel time and relieving any strain on the transportation infrastructure, expansion of employment opportunities by emphasizing employment-intensive uses; and providing a setting that is aesthetically pleasing. The District is intended to allow for limited retail uses with the primary purpose of serving the office space, research and development uses contained within each campus. |
| Topography: | Level |
| Soil Type: | Loam |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,349 | 39,161 | 129,446 |
| Median Age: | 35.24 | 36.53 | 35.92 |
| Households: | 1,627 | 16,111 | 53,617 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions. |
