Catylist ID:
#30832110
| Catylist Listing ID: | 30832110 |
| Property Subtypes: | Industrial, Office, Self Storage, Other |
| Gross Land Area: | 1.30 - 3.90 Acres |
| Sale Price: | $175,000 - 390,000 |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/24/2023 |
Overview / Comments
|
Light Industrial parcels ready for construction. Ideal property for contractor or service type business. Two parcels of 2.54 Acres and 1.374 for total of 3.91 acres located just off I-94 Expressway exit 150 in Jackson County at corner of Mt. Hope Road and Morrissey Roads. Seller will consider owner financing to qualified buyer. |
Attachments & Media
Financials
| Finance Data Year | 2022 |
|---|---|
| Assessed Value - Total($) | $33,800 (Annual) |
| Real Estate Taxes - Annual($) | $778.54 (Annual) |
Additional Details
| Nearest MSA: | Jackson |
| County: | Jackson |
| Taxing Authority: | Grass Lake Charter Township |
| Tax ID/APN: | 000-10-16-376-002-01 and 000-10-16-376-002-02 |
| Zoning: | LI- LIGHT INDUSTRIAL |
| Property Located Between: | Southeast corner of Morrissey Rd and Mt. Hope Rd. |
| Property Visibility: | Excellent |
| Legal Description: | on File |
| Largest Nearby Street: | Mt. Hope Rd. & I-94 |
| Feet of Frontage: | 502 |
| Highway Access: | I-94 at Mt. Hope exit 150 |
| Airports: | DTW, Jackson |
| Area Description: | Located in eastern Jackson County within Grass lake Township, the Village of Grass Lake is surrounded by Leoni Township to the west, Waterloo Township to the north, Norvell Township to the south, Napoleon Township to the southwest, and Washtenaw County to the east. Grass Lake Village lies 2.6 miles south of I-94, which leads to points east and west and provides access to routes which provide north and south access. The Village’s main street, Michigan Avenue, is an important county road that provides access to nearby Jackson and environs. While to some degree the Village is self-sufficient, many residents commute to neighboring urban areas for employment, shopping, and cultural activities. Grass Lake residents enjoy the small town feel while being located conveniently in the middle of the Jackson - Chelsea - Manchester geographical triangle of Southeast Michigan. |
| Lot Frontage: | 502 |
| Lot Depth: | 233 |
| Zoning Description: | LI- LIGHT INDUSTRIAL DISTRICT SECTION 12.01 DESCRIPTION AND PURPOSE A. This District is intended for Industrial uses generally limited to those areas that are or may be served by public utilities. Certain industrial uses may be permitted without utilities, but will usually be restricted to those operations not requiring large scale waste disposal or water use, such as automobile repair businesses and small machine and fabricating shops. B. Industrial properties will generally have the following characteristics: 1. Access to an appropriate roadway capable of accommodating the weights and/or volumes of trucks. 2. Availability of public utilities. 3. Sufficient property to accommodate generous setbacks for parking, loading, and other activity areas. 4. Designed to limit any negative effects on existing homes or other uses. C. The intent of the District is also to provide opportunities for more intensive development that allows for economic and employment opportunity expansion within the township without detracting from the rural character of the rest of the community. SECTION 12.02 PERMITTED USES Land and/or buildings in the LI District may be used for the following purposes as Permitted Uses: A. Manufacturing, research, assembly, testing and repair of components, devices, equipment and systems of professional, scientific and controlling instruments, photographic and optical goods, and electronic and electrical equipment such as: 1. Appliances. 2. Audio units, radio equipment and television equipment. 3. Communication, transmission and reception equipment such as coils, tubes, semi-conductors, navigation control equipment and systems guidance equipment. 4. Computer equipment and accessory systems. 5. Food products, bakery goods, candy and beverages. 6. Graphics and art equipment. 7. Metering instruments. 8. Optical devices, equipment and systems. GRASS LAKE CHARTER TOWNSHIP ZONING ORDINANCE CHAPTER 12 12-2 LI DISTRICT 9. Photographic equipment. 10. Radar, infrared and ultra-violet equipment and systems. 11. Scientific and mechanical instruments such as calipers and transits. 12. Testing equipment. B. Manufacturing, processing, packaging or assembling of the following: 1. Fabrication of paper and wood products such as office supplies, bags, books, cabinets, furniture, and toys. 2. Pharmaceutical preparation, cosmetics, and toiletries. 3. Prefabricated buildings and structured members. 4. Stone, clay, glass and leather products. C. Data processing and computer centers including the servicing and maintenance of electronic data processing equipment. D. Financial and business service establishments, banks and credit unions, with or without drive through services. E. Health and fitness clubs. F. Printing, publishing and related activities. G. Private service clubs, fraternal organizations and lodge halls. H. Professional offices for doctors, dentists, lawyers, architects, engineers and other similar professions. I. Research and design centers where said centers are intended for the development of pilot or experimental products, together with related office buildings for such research facilities where those offices are designed to accommodate executive, administrative, professional, accounting, engineering, architectural, and support personnel. J. Small Solar Energy Systems. (Amendment 12-11-2018) K. Utility and public service buildings, without storage yards, but not including essential public services such as poles, wires, and underground utility systems. L. Veterinary clinics and commercial kennels. M. Warehousing, refrigerated and general storage. N. Accessory buildings, structures and uses, customarily incidental to any Permitted or Special Land Use. O. Self Service Storage Facility |
| Topography: | Gently Sloping |
| Soil Type: | Sandy |
| Available Utilities: | Electric, Gas |
| Water Service: | Well |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 4,184 | 9,773 |
| Median Age: | 39.13 | 40.79 |
| Households: | 1,580 | 3,685 |
| 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. |
