Catylist ID:
#30656975
| Catylist Listing ID: | 30656975 |
| Property Subtypes: | Industrial, Office, Self Storage, Other |
| Gross Land Area: | 16.53 Acres |
| Sale Price: | $1,000,000 |
| Unit Price: | $60,496 Per Acre |
| Land Splits Available: | Yes |
| Sale Terms: | Undisclosed, Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/28/2023 |
Overview / Comments
|
One of few I-2 Industrial zoned parcels in Scio Township. Over 16 acres of strategically located land between the Baker (Exit 167) and Zeeb (Exit 169) Road I-94 interchanges. N Staebler Road is paved and runs north of Jackson Road and fronts the south side of I-94. Excellent I-94 visibility. The parcel has full utility access and is comprised of open yard and wooded area, as well as some wetlands that equates to roughly 9 buildable acres. |
Attachments & Media
Financials
| Finance Data Year | 2020 |
|---|---|
| Assessed Value - Total($) | $225,900 (Annual) |
| Real Estate Taxes - Annual($) | $9,223 (Annual) |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | Scio Township |
| Tax ID/APN: | H-08-20-100-038 |
| Zoning: | I-2 GENERAL INDUSTRIAL |
| Property Located Between: | Baker and Zeeb Roads |
| Property Visibility: | Good |
| Legal Description: | COM AT NE COR SEC 20, BEING THE POB; TH S 00-05-45 W 958.22 FT; TH N 89-54-28 W 33 FT; TH N 63-27-10 W 975.62 FT; TH N 00-20-54 E 23.14 FT; TH N 00-05-24 E 500.50 FT; TH S 89-54-16 E 573.70 FT; TH N 00-07-34 E 168.08 FT; TH 344.95 FT ALG ARC OF 5604.58 FT RD CRV TO RIGHT, CENT AN 03-31-35, CHD S 75-47-07 E 344.90 FT; TH S 00-07-51 W 76.91 FT TO POB. T2S, R5E, 16.53 AC. SPLIT ON 08/09/2004 FROM H -08-20-100-002 & H -08-17-400-017 |
| Largest Nearby Street: | Jackson Road & I-94 |
| Highway Access: | I-94 at Baker and Zeeb |
| Airports: | DTW, Ann Arbor |
| Site Description: | Open yard and wooded area along with some wetlands. |
| Area Description: | The third largest township in Washtenaw County, Scio comprises about 32 square miles located between Maple, Scio Church, Parker and Joy Roads. It is a community of more than 16,500 residents, located immediately west of Ann Arbor. The Township is home to the beautiful Huron River – hugged by the scenic Huron River Drive – and is bisected by Jackson Boulevard and I-94. Scio Township is a diverse and thriving community. Average income is among the highest in Washtenaw County and there is a wide variety of housing options; over the past ten years, the population grew by 27% and is predicted to grow another 19% by 2035; there are more than 900 businesses on Scio’s registers; the Township offers a full range of services – fire, EMT, and police and also provides water and wastewater treatment for those businesses and homes located in the sewer district; Scio is within easy reach of SE Michigan’s major thoroughfares – for most residents and workers, Scio is only a ten-minute drive from the city of Ann Arbor. Scio has a large and active business community. Scio has many significant attributes that draw smaller start-up companies to the area, including large, vacant spaces, low rental costs, easy access to Ann Arbor and places eastwards, no traffic congestion and free parking. These attributes appeal even to larger companies and nationally known corporations, several of which have located in Scio. Scio also offers easy access to necessary services and retail – car maintenance, groceries, supplies, restaurants and coffee shops. With 16,500 residents and a high quality of life, Scio offers a large, affluent customer base. Any company locating newly in Scio will find a healthy community life for its employees and their families. There are two outstanding public school systems to serve township residents – Ann Arbor and Dexter. Both have excellent ratings. In addition, there are two K-6 Montessori schools and the Emerson School for gifted children. |
| Zoning Description: | I-2 General Industrial Scio Township Intent: The intent of the General Industrial designation is to provide locations for industrial operations that may have moderate effects on adjacent properties because of noise, odor, traffic, and storage of materials. Uses are categorized as needing larger tracts of land and outdoor storage of materials and equipment. Description: Due to potentially negative external impacts, the General Industrial designation is limited in scope. Any areas planned for this designation shall not be contiguous with residential uses. General Industrial designations are not compatible and shall not be planned for areas of known ground water recharge and near Township wellhead protection zones. Relationship to Physical and Natural Features: Municipal sewer and water shall be available in the General Industrial area. Areas planned for this designation encompass both existing and future industrial uses and vacant land in proximity to the I-94 freeway. Where parcels abut the I-94 freeway, extensive buffers shall be provided to help provide a more natural appearance along the freeway for passing motorists. Appropriate Uses: Desirable land uses and elements of the General Industrial category are: • Manufacturing, processing, packaging or assembling uses; and • Trucking and cartage facilities. Appropriate Zoning Districts: The appropriate zoning classifications for this designation are I-2, General Industrial districts and I-3, Heavy Industrial districts. |
| Topography: | Level |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 15,444 | 51,038 |
| Median Age: | 41.2 | 40.17 |
| Households: | 6,092 | 20,862 |
| 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. |
