Catylist ID:
#30458748
Whittaker Road Development Site | Commercial & Office
Vacant Land
for Sale
Also listed as Retail-Commercial, Office
| Catylist Listing ID: | 30458748 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 4 Acres |
| Sale Price: | $740,000 |
| Unit Price: | $185,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/1/2020 |
Overview / Comments
|
Two adjacent parcels on busy Whittaker Road. Value is in the land for redevelopment - local commercial or office use. Master plan is "neighborhood corridor". Rezoning will be required. Each parcel currently has a rental home. Two homes (1,275 SF and 1,522 SF) are fully occupied with monthly income at $2,500 total, month-to-month leases. Level lots with no wetlands. Public utilities are available. Excellent redevelopment area amidst retail, restaurants, grocery stores and neighborhoods. South of I-94, Ford Lake and Ypsilanti. |
Attachments & Media
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw E of 23 |
| Taxing Authority: | Ypsilanti Township |
| Tax ID/APN: | K -11-21-200-018 & -019 |
| Zoning: | PLANNED LOCAL COMMERCIAL / OFFICE |
| Property Located Between: | Huron River Drive and Stony Creek |
| Property Visibility: | Excellent |
| Legal Description: | On file, see agent. Part of Section 21 Ypsilanti Township - metes and bounds. |
| Largest Nearby Street: | Whittaker |
| Feet of Frontage: | 216 |
| Highway Access: | Less than one mile from I-94. |
| Airports: | Detroit, Ann Arbor, Willow Run |
| Site Description: | Level lots with no wetlands. |
| Area Description: | Ypsilanti Township (Y-Town), located east of Ann Arbor, is the largest township in Washtenaw County and the seventh largest in the State of Michigan. Y-Town has over 53,000 residents and spans 32 square miles with close proximity to Detroit, Detroit Metropolitan and Willow Run Airports, Eastern Michigan University, and the University of Michigan. Y-Town has partnered with the Michigan Economic Development Corporation, Ann Arbor SPARK, Michigan Small Business Development Center and the Ann Arbor/Ypsilanti Regional Chamber of Commerce, to guide our community in economic development and community growth. We have the benefit of sharing the community vibe, recreation, culinary and arts scene of the City of Ypsilanti as well as Ann Arbor as a progressive, vibrant and growing area. |
| Lot Frontage: | 216 |
| Lot Depth: | 830 |
| Zoning Description: | Master planned "neighborhood corridor" which is local commercial and office zoning. |
| Topography: | Level |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,007 | 75,294 | 138,304 |
| Median Age: | 34.1 | 33.69 | 34.62 |
| Households: | 2,783 | 30,098 | 56,308 |
| 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. |
