Catylist ID:
#30784206
| Catylist Listing ID: | 30784206 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad, Vacation/Resort, Other |
| Gross Land Area: | 5.33 - 23.09 Acres |
| Sale Price: | $495,000 - 2,310,000 |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/3/2023 |
Overview / Comments
|
Located within the Village limits of Dundee next to Cabela's on Cabela Boulevard with an additional access drive off M-50 shared with a bank and auto dealership. Fully developed property ready for construction with full municipal utilities, walking paths and street lights. Minutes from the historic section of downtown Dundee. Easy access to US-23, off of M-50 within 30 minutes of Ann Arbor, Toledo, Tecumseh, and Saline makes this property an ideal location for retail, office or hospitality development. Property can be divided or purchased in it's entirety. Parcel A - 23.091 AC - $2,310,000 Parcel A1 - 7.5 +/- AC - $ 880,000 Parcel A2 - 5.33 +/- AC - $ 577,500 Parcel A3 - 5.33 +/- AC - $ 533,500 Parcel A4 - 5.33 +/- AC - $ 495,000 |
Attachments & Media
Financials
| Finance Data Year | 2021 |
|---|---|
| Assessed Value - Total($) | $502,920 (Annual) |
| Real Estate Taxes - Annual($) | $21,298 (Annual) |
Additional Details
| Nearest MSA: | Monroe |
| County: | Monroe |
| Submarket/Township: | Monroe County |
| Taxing Authority: | Village of Dundee |
| Tax ID/APN: | 42-014-002-17 |
| Zoning: | B-2 (GENERAL BUSINESS DISTRICT) |
| Property Located Between: | West of US-23 off of M-50 |
| Property Visibility: | Excellent |
| Legal Description: | Of Record |
| Largest Nearby Street: | M-50 |
| Feet of Frontage: | 1,186 |
| Highway Access: | US-23, M-50 |
| Airports: | DTW |
| Site Description: | Level open cleared site ready for construction Parcel A - 23.091 AC - $2,310,000 Parcel A1 - 7.5 +/- AC - $ 880,000 Parcel A2 - 5.33 +/- AC - $ 577,500 Parcel A3 - 5.33 +/- AC - $ 533,500 Parcel A4 - 5.33 +/- AC - $ 495,000 |
| Area Description: | Dundee is a village in Monroe County. The village is within Dundee Township and is served by Dundee Community Schools. Dundee is a great place to do business. Since the building and opening of Cabela’s in 1999-2000 respectively, a host of national firms came to Dundee. The Village of Dundee works extensively with the Monroe Business Development Corporation and the MEDC to provide support to those businesses that have moved or are planning on moving into the area. In addition to Dundee’s booming business growth, it also has beautifully restored historic buildings, housing, interesting dining, and shopping experiences. Hotels and restaurants, both big and new, are on one edge of town. A “new urbanist” subdivision, under development on the other edge, brings a variety of additional new housing about to sprout both from farm fields and downtown. |
| Lot Frontage: | 1186 |
| Lot Depth: | 865 |
| Zoning Description: | B-2, General Business District: The B-2, General Business District is intended to provide for a variety of commercial and service uses, including more intensive commercial uses not permitted in the B-1, Central Business District and B-3, Tecumseh Street District. The B-2 district is intended to permit commercial establishments that cater to the convenience and comparison shopping needs of Village residents. Because of the variety of business types permitted in the district, special attention must be focused on site layout, building design, landscaping, vehicular circulation and coordination of site features between adjoining sites to ensure compatibility with the overall historic and high quality character of the Village. Furthermore, these uses are concentrated so as to avoid undue congestion to feeder streets by reducing the number of entrances and exits onto major thoroughfares to promote smooth traffic flow at freeway interchanges and major road intersections. |
| Topography: | Level |
| Easements: | Utilities |
| Easements Description: | Storm Sewer and utilities at front of property along Cabela Blvd |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Gas, Sewer, Storm Drain |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 6,759 | 11,197 |
| Median Age: | 37.98 | 39.06 |
| Households: | 2,565 | 4,218 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
