Catylist ID:
#30456628
| Catylist Listing ID: | 30456628 |
| Property Subtypes: | Industrial, Multi-Family, Office, Residential (Single Family), Retail |
| Gross Land Area: | 2.66 - 8.21 Acres |
| Sale Price: | $315,895 - 975,000 |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/23/2022 |
Overview / Comments
|
Development opportunity in fast growing affluent City of Dexter. Currently zoned A-1 in Scio Township with two residential buildings onsite and Dexter mailing address. Master planned for Commercial Office/Industrial or PUD with Multifamily. Highly desired location just outside downtown Dexter with views of Mill Creek, B2B Trail Park and downtown Dexter. Currently well & septic, however, has sewer hookup at the road. The Sun Times News reports that Dexter’s downtown riverfront park, Mill Creek Park, has won two awards for its design, landscape and contribution to the community. It was awarded the Michigan Recreation and Park Association Award for Outstanding Landscape, the Keep Michigan Beautiful President’s Award and the American Society of Landscape Architects Merit Award. |
Attachments & Media
Financials
| Finance Data Year | 2021 |
|---|---|
| Assessed Value - Total($) | $398,400 (Annual) |
| Real Estate Taxes - Annual($) | $7,330 (Annual) |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | Scio Township |
| Tax ID/APN: | H-08-06-200-015;H-08-06-200-016 |
| Zoning: | A-1, GENERAL AGRICULTURE DISTRICT |
| Property Located Between: | Parker and Main Street |
| Property Visibility: | Excellent |
| Legal Description: | 8375: COM AT W 1/4 POST OF SEC, TH N 2 DEG 39' W 322.4 FT IN W LINE OF SEC, TH N 44 DEG 28' E 1093.17 FT FOR A PL OF BEG, TH N 44 DEG28' E 287.74 FT, TH NE'LY 327.73 FT IN THE ARC OF A CIRCULAR CURVE TO THE RIGHT OF 1392.74 FT THRU A CENTRAL ANGLE OF 13 DEG 24' THE CHORD BEARS N 51 DEG 10' E 324.98 FT, TH N 57 DEG 52' E 20 FT, TH S 32 DEG 50' E 475.17 FT, TH N 62 DEG 17' W 60.0 FT, TH S 66 DEG 48' W 205.77 FT, TH S 41 DEG 16' W 218.30 FT, TH N 53 DEG 38' W 425.94 FT TO PL OF BEG, BEING A PART OF NW FRL 1/4 SEC. 6 T2S R5E 5.55 AC. 8299: COM AT W 1/4 POST OF SEC, TH N 2 DEG 36' 30" W 324.62 FT IN W LINE, TH N 44 DEG 30' 30" E 1375.82 FT, TH N 51 DEG 11' 15" E 333.27 FT, TH N 57 DEG 52' E 15.53 FT FOR PL OF BEG, TH CONT N 57 DEG 52' E 311.22 FT IN CENT OF ROAD, TH S 16 DEG 23' E 507.39 FT, TH S 62 DEG 21' W 168.15 FT, TH N 32 DEG 51' W 475.17 FT TO PL OF BEG, BEING A PART OF NW 1/4 SEC 6 T2S-R5E 2.66 AC. |
| Largest Nearby Street: | Main Street |
| Feet of Frontage: | 760 |
| Highway Access: | I-94, M-14, US-23 |
| Airports: | DTW, Ann Arbor |
| Area Description: | The City of Dexter is located in Southeast Michigan, along the banks of the Huron River and Mill Creek. Residents and visitors can enjoy a day on a river, walking along nature trails, or biking on the County Border-to-Border trail, stopping in our historic downtown for lunch and some shopping. Cultural activities include a local theater, historical museum, summer concerts, ice skating in the winter, festivals, and simply playing in the parks. With access to business and industrial properties along Jackson Boulevard and an easy 15 minute drive to downtown Ann Arbor, Dexter’s businesses and retail connect to the greater Washtenaw County network with ease. 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. |
| Lot Frontage: | 760 |
| Lot Depth: | 475 |
| Zoning Description: | A-1, General Agriculture District Master-planned for Commercial Office/Industrial or PUD with Multifamily. |
| In Flood Plain?: | Yes |
| Easements: | Electric Lines |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Gas, Sewer, Cable |
| Water Service: | Well |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,002 | 11,655 | 29,909 |
| Median Age: | 41.39 | 40.75 | 42.06 |
| Households: | 462 | 4,277 | 11,291 |
| 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. |
