5 Acres Just North of Ann Arbor Master plan multi USE

Vacant Land for Sale
Catylist Listing ID: 30680015
Property Subtypes: Agricultural
Building Status: Proposed
Gross Land Area: 5 Acres
Sale Price: $600,000
Unit Price: $120,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2021

Overview / Comments

This property is located on the corner of N Territorial Rd and Whitmore Lake Rd both paved County roads 450 ft frontage on N Territorial road. 1000 feet West of U.S.-23 interchange (exit 49).The first interchange North of the city of Ann Arbor. Sewer located at the street. Master planned Multi-Use. Possible change in zoning Possible Tax Abatement
12"in sewer is at street Whitmore Lake Rd.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $7,716 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: B-02-19-400-001, 02-20-300-008, 02-20-300-009
Zoning: - MASTER PLAN MULTI-USE
Market Type: Medium
Property Located Between: on the South west corner of N. Territorial Rd and Whitmore Lake rd
Side of Street: Southwest
Road Type: Paved
Property Visibility: Excellent
Legal Description: Property I.D.02-20-300-008, 02-20-300-009, and part of I.D.# 02-19-400-001
Largest Nearby Street: N.Territorial Rd- U.S.-23 (exit 49)
Feet of Frontage: 450
Transportation: Highway
Highway Access: N.Territorial Rd Just West of Exit # 49 U.S.23 interchange 1000 feet east of property.
Site Description: frontage North Territorial and Whitmore Lake rd two paved
Area Description: Rolling clear land with Sewer at street Whitmore Lake rd.
Lot Frontage: 450 Ft on North Territorial Rd. Paved Rd
Lot Depth: 400 Ft frontage on Whitmore Lake Rd.
Zoning Description: Master Plan Multi-Use
Development Name: on North Territorial Rd and Whitmore Lake Rd
Topography: Level
Easements: Electric Lines
Easements Description: none known
Soil Type: Mixed
Available Utilities: Electric, Gas, Storm Drain
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,627 9,266 38,518
Median Age: 36.63 40.79 41
Households: 656 3,582 14,968

Contact

Photograph of Listing Agent

Ed Barbone

KW Commercial
CPIX Member
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