Catylist Listing ID: | 30632706 |
Property Subtypes: | Office, Retail, Retail-Pad |
Gross Land Area: | 2.14 Acres |
Sale Price: | $750,000 |
Unit Price: | $350,467 Per Acre |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 3/4/2021 |
Ready-to-build vacant retail site at Zeeb Road and I-94 west of Ann Arbor in Scio Township. All utilities at site and traffic light installed to entrance of Baxter's Plaza retail center, Holiday Inn Express and restaurants. Parcel fronts I-94 westbound at exit with excellent visibility. See retail map for all the businesses located nearby. |
Finance Data Year | 2020 |
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Assessed Value - Total($) | $214,800 (Annual) |
Real Estate Taxes - Annual($) | $9,147 (Annual) |
Nearest MSA: | Ann Arbor |
County: | Washtenaw |
Submarket/Township: | Washtenaw W of 23 |
Taxing Authority: | Scio Township |
Tax ID/APN: | H-08-21-100-024 |
Zoning: | C-2 SCIO TOWNSHIP |
Property Located Between: | NW side of I-94 & Zeeb Rd interchange |
Property Visibility: | Excellent |
Legal Description: | Part of e 1/4 Sec 21, T2s, R5E 2.174 acres |
Largest Nearby Street: | I-94 |
Feet of Frontage: | 203 |
Highway Access: | I-94 at N Zeeb Rd interchange |
Airports: | DTW |
Site Description: | Level building site with retention area in rear. |
Area Description: | The Jackson Corridor is a busy shopping and service district on west border of Ann Arbor. Easy access to downtown Ann Arbor, Dexter, Chelsea, Saline and US-23. 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: | 203 |
Lot Depth: | 615 |
Zoning Description: | C-2 Scio Township A. Intent. This district is established to provide suitable locations for general retail, service and office establishments. Retail establishments in this district are of the comparison shopping type serving the township. Therefore, it is important for the C-2 district to be located in areas which are centrally located and readily accessible to the majority of township residents. It is the intent of this district to encourage consolidation of commercial uses, to lessen traffic congestion, reducing the number of driveways, and to ensure the efficient use of public utilities and services. This district is to be used only in those areas of the township which are served by public water and sanitary sewer facilities, and where storm drainage is sufficient to handle an intense level of development. B. Permitted uses. 1. Retail sales such as baked goods, groceries, produce and meat, hardware, drug, clothing, gifts, notions, and beverages. 2. Personal services such as barber and beauty shops; tailor; watch and shoe repair; laundry and dry cleaning establishments and similar establishments. 3. Business, professional, medical and dental offices, and medical emergency clinics. 4. Standard and carryout restaurants, and establishments that serve alcohol. 5. Government buildings. 6. Small appliance repair such as radios, televisions, clocks, etc. 7. Large appliance and furniture sales. 8. Funeral homes. 9. Church, synagogue, cathedral, mosque, temple or similar building used for religious worship, subject to the provisions of section 36-136. 10. Banks, credit unions, savings and loan associations. C. Conditional uses. 1. Minor vehicle repair facility, subject to the provisions of section 36-137. 2. Commercial kennels, subject to the provisions of section 36-135. 3. Veterinarian hospital and animal clinics. 4. Sales of recreational vehicles subject to the provisions of section 36-139. 5. Garden centers. 6. Large appliance repair such as stoves, refrigerators, microwaves and washer and dryers. 7. Vehicle wash, subject to the provision of section 36-137. 8. Indoor theatres and performance space for artistic expression. 9. Crematoriums. 10. Community wastewater utility systems, subject to the provisions of section 36-318. 11. Multiple-family residential pursuant to section 36-74(10), when made a part of an overall mixed-use development. Multiple-family residential shall not be permitted as a stand-alone use. 12. Large scale retail establishment, subject to the provisions of section 36-134. |
Development Name: | Baxter's Plaza |
Topography: | Level |
Easements: | Ingress/Egress |
Easements Description: | Easement to County Road Commission property bordering west side of property |
Soil Type: | Mixed |
Available Utilities: | Electric, Water, Gas, Sewer, Storm Drain, Cable |
Water Service: | Municipal |
Sewer Type: | Municipal |
Proximity: | 3 miles | 5 miles |
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Total Population: | 25,170 | 70,012 |
Median Age: | 39.75 | 38.07 |
Households: | 10,175 | 30,836 |
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. |