39.5 Acres in Dexter - Residential Development & Agricultural

Vacant Land for Sale
Catylist Listing ID: 30703948
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 39.50 Acres
Sale Price: $490,000
Unit Price: $12,405 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2021

Overview / Comments

39.5 acres in Dexter with frontage on Parker and Jerusalem. To be surveyed. Minutes to cities of Dexter and Ann Arbor with easy access to expressways and close to shopping and restaurants. 37 acres tillable with 8 splits available on paved Parker and gravel Jerusalem roads. Many possibilities with suitable soils for on site septic systems to develop single family parcels. Dexter schools.

Financials

Finance Data Year 2018
Assessed Value - Total($) $231,005 (Annual)
Real Estate Taxes - Annual($) $2,157 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: LIMA TOWNSHIP
Tax ID/APN: G-07-25-100-010
Zoning: AG-1
Property Located Between: Corner of Parker and Jerusalem
Property Visibility: Excellent
Legal Description: Part of NE 1/4 Sec 25 T2S-R4E
Largest Nearby Street: Jackson Road, I-94
Feet of Frontage: 1,200
Highway Access: I-94 at Baker Road
Site Description: Open rolling farmland
Area Description: Rural setting with farms and single family homes in the area. 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.
Lot Frontage: 1200
Lot Depth: 1620
Zoning Description: AG-1 Lima Township AG-1, Agriculture District. This district is established to preserve the rural character and support stable and viable agricultural operations. The primary use of this district area is considered to be agriculture. The regulations of this district are designed to conserve and protect farm operations, including dairy farming, pasturage, cash cropping, stables (public and private), orchards, as well as other agricultural and related uses. The regulations of the district are designed to exclude or discourage uses and buildings that demand substantial public or private services, such as major thoroughfares, water supply and waste water treatment facilities, drainage, and other public or private utility type services. Minimum lot size is five (5) acres.
Topography: Rolling
Soil Type: Mixed
Available Utilities: Electric, Gas, Cable
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,075 25,884
Median Age: 39.2 41.92
Households: 3,905 9,849

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