Prime Residential Land in Ypsilanti - Water & Sewer

Vacant Land for Sale
Catylist Listing ID: 30739527
Property Subtypes: Residential (Single Family)
Gross Land Area: 84.21 - 90 Acres
Sale Price: $2,200,000 - 3,000,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2021

Overview / Comments

Long time property owner has decided to sell this prime residential zoned land located on Morgan Rd. in Ypsilanti Township. Priced to sell ... serious buyers only ... closing expected within 6 months!

Includes four (4) parcels totaling 84.21 acres of pristine, gently rolling & mostly cleared farmland. OPTIONAL additional 5.8 acres includes three (3) currently leased private residences.

Morgan Rd. between Munger & Ellis Roads has municipal (YCUA) Water & Sewer running its entire length.

Current "R1 - Single Family" zoning. Township may be amenable to site-condominium development to allow higher density.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti Township
Tax ID/APN: Four (4) Vacant Land Parcels: K-11-19-200-010 & 011 and K-11-18-300-022. Three (3) House Parcels: K-11-19-200-005, 012 & 013
Zoning: R1 SINGLE FAMILY RESIDENTIAL
Property Located Between: Munger & Ellis Road
Legal Description: Property ID: Four (4) Vacant Land Parcels: K-11-19-200-010 & 011 and K-11-18-300-022. Three (3) House Parcels: K-11-19-200-005, 012 & 013
Largest Nearby Street: Michigan Ave.
Feet of Frontage: 1,351
Highway Access: US-12 & I-94
Airports: DTW, Ann Arbor
Site Description: Three private residences with Morgan Rd. address: 5378: 3 Bd.Rm, 1 Full Baths, 1,411sf. (2.06ac) 5380: 3 BdRm., 2 Full Baths, 1,941sf. (1.143ac) 5382: 3 Bd.Rm., 2 Full Baths, 2,487sf. (2.6ac)
Area Description: Ypsilanti Township (Y-Town), located east of Ann Arbor, is the largest township in Washtenaw County and the seventh largest in the State of Michigan. Y-Town has over 53,000 residents and spans 32 square miles with close proximity to Detroit, Detroit Metropolitan and Willow Run Airports, Eastern Michigan University, and the University of Michigan. Y-Town has partnered with the Michigan Economic Development Corporation, Ann Arbor SPARK, Michigan Small Business Development Center and the Ann Arbor/Ypsilanti Regional Chamber of Commerce, to guide our community in economic development and community growth. We have the benefit of sharing the community vibe, recreation, culinary and arts scene of the City of Ypsilanti as well as Ann Arbor as a progressive, vibrant and growing area.
Lot Frontage: 1351 x 2653 and 785 x 477
Zoning Description: R-1 Single Family Residential.
Topography: Gently Sloping
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,093 73,592 171,694
Median Age: 36.48 32.88 32.81
Households: 1,759 30,182 67,605

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