Catylist Listing ID: | 30801657 |
Property Subtypes: | Industrial, Office, Retail |
Gross Land Area: | 6.16 Acres |
Sale Price: | $495,000 |
Unit Price: | $80,357 Per Acre |
Sale Terms: | Cash to Seller, Owner Financing |
Cap Rate: | Undisclosed |
Last Updated: | 6/2/2023 |
Unique opportunity to build office, research or commercial on Ann Arbor's south side adjacent to Ann Arbor Airport. |
Nearest MSA: | Ann Arbor |
County: | Washtenaw |
Submarket/Township: | Washtenaw W of 23 |
Taxing Authority: | Pittsfield Township |
Tax ID/APN: | L-12-16-300-003 |
Zoning: | BD BUSINESS DISTRICT |
Property Located Between: | Ellsworth and Morgan |
Property Visibility: | Excellent |
Legal Description: | Part of NW 1/4 Sec 16 T3S-R6E 6.16 Acres |
Largest Nearby Street: | South State and Ellsworth |
Feet of Frontage: | 287 |
Highway Access: | I-94 at State Street, US-23 |
Airports: | DTW, Ann Arbor |
Area Description: | The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife. |
Lot Frontage: | 287 |
Lot Depth: | 1111 |
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 |
Available Utilities: | Electric, Water, Gas, Sewer |
Water Service: | Municipal |
Sewer Type: | Municipal |
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 4,366 | 60,387 | 159,883 |
Median Age: | 31.38 | 36.96 | 35.09 |
Households: | 1,944 | 26,234 | 65,549 |
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. |