5831 W. Michigan Ave

Vacant Land for Sale
Catylist Listing ID: 30264914
Gross Land Area: 4.62 Acres
Sale Price: $925,000
Unit Price: $200,216 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Located at the southwest corner of Michigan Ave. and US-23. Great site for hotel, retail, restaurant, or other commercial uses. Excellent visibility and access!

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $5,747 (Annual)
Finance Data Year 2018
Real Estate Taxes - Annual($) $6,088 (Annual)
Finance Data Year 2017
Assessed Value - Total($) $5,912 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: L-12-23-400-035; L-12-23-400-007
Zoning: HIGHWAY COMMERCIAL
Property Located Between: SWC of Michigan Ave & US-23
Traffic/Vehicle Count: 66,717
Available Utilities: Water, Gas, Sewer, Storm Drain
Water Service: Other
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,619 38,594 156,549
Median Age: 34.3 34.84 34.2
Households: 587 16,098 63,230
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