39 Acres - Land for Sale - Manchester

Vacant Land for Sale
Catylist Listing ID: 30852292
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 39.56 Acres
Sale Price: $390,000
Unit Price: $9,858 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/26/2023

Overview / Comments

39 +/- acres with frontage on 2 roads (Sooten and Hogan) on southeast edge of the Village of Manchester just off M-52.

23 acres are open and farmed in the past. Remaining acreage is wooded with 3 acre pond/wetland area in the middle. Property was annexed in the Village in 2006 and had preliminary approval for a PUD development of 68 lots which would be supplied by municipal water and sewer.

Existing Pole Barn on the property is being sold "as is"

Property is just off paved roads of Hogan Road, Adrian Street and Parr Street walking distance to downtown Manchester. Easy commute to Ann Arbor and Jackson. Property is loaded with deer habitat and is an ideal opportunity for a couple of nice private estate size building sites.

Owner would consider land contract terms of 20% down, market rate interest and balloon payment in 3-5 years to qualified buyer.

Financials

Finance Data Year 2022
Assessed Value - Total($) $110,020 (Annual)
Real Estate Taxes - Annual($) $3,582 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: Village of Manchester
Tax ID/APN: PM-16-12-301-002 and PM-16-12-301-003
Zoning: R-1A (SINGLE FAMILY - RESIDENTIAL) VILLAGE OF MANCHESTER
Property Located Between: M-52 and Logan. South of Austin
Property Visibility: Good
Legal Description: Of record
Largest Nearby Street: M-52
Feet of Frontage: 3,190
Highway Access: M-52, US-12, I-94
Airports: DTW, Ann Arbor
Site Description: Half of property is open former agricultural field and remaining area wraps around a pond/wetland area in center of property with heavy young forested habitat surrounding with small pockets of wetlands. Existing Pole Barn on the property is being sold "as is". Soils consist of Blount loamy sand, Morley loam and Kidder sandy loam, and Metamora sandy loam.
Area Description: Manchester is a village in Washtenaw County, Michigan, situated on the River Raisin, founded in 1833 and named after Manchester, England. The community grew up around the river’s water power and historic Mill Pond. It is a small, closely-knit community, which provides opportunities for leisure time involvement in organizations, churches, and schools. It provides cultural resources for residents of the adjacent rural townships. The Village is a full service center and not a suburb. Its geographical position has thus far saved it from the pressures of rapid urbanization and encourages self-sufficiency even in recreational pursuits. However, the Village is within driving distance of a variety of cultural events in Ann Arbor, Ypsilanti, Adrian, Jackson, and of programs at two universities and several colleges. Manchester has four parks and the Leonard Preserve that offer beautiful settings for gatherings or walking. Downtown provides unique family restaurants, arts, antiques and gifts. The Italianate architecture preserves the charm of 19th century America, and includes several historic churches and homes. Community-wide festivities are still a dominant theme in Village life including the reknowned Manchester Chicken Broil, the canoe and boat race in May, Memorial Day parade, the Community Fair, Fourth of July celebration, gazebo concerts, Riverfolk Festival, Sportsman’s Club activities/events, and numerous other community, club, school and church events. Manchester schools offer excellent performing arts center, gym, weight room, media center, telecommunications lab, as well as many academic resources including Smartboards, projectors, computer labs, and recently our one to one iPad roll out for each student. They strive to provide a secure, challenging learning environment which will empower all students to achieve their greatest potential.
Lot Frontage: 3900
Lot Depth: 1326
Zoning Description: R-1A, SINGLE-FAMILY RESIDENTIAL DISTRICT, LOW DENSITY. (A) Purpose. This District is composed in those areas of the village served by a public water supply system and a public sanitary sewer system where the principal use is intended to be single-family dwellings developed at a low density. In addition to the dwellings permitted in this Zoning District, there are certain nonresidential and public uses which may be permitted through the conditional approval of the village. (B) Permitted uses. (1) A single-family dwelling and any use, building, or structure accessory thereto; and (2) Public parks and playgrounds. (C) Conditional uses. (1) Cluster housing subject to the provisions of § 151.066; (2) Golf courses, but not including golf driving ranges; (3) Country clubs, public swimming pools and recreation clubs, private parks and playgrounds; (4) Churches and other institutions for religious worship; (5) Public and private nursery schools and kindergartens; (6) Group day-care homes and day-care centers subject to the provisions of § 151.072; (7) Adult foster care facilities subject to the provisions of § 151.073; (8) Public and private elementary, middle, and high schools; (9) Bed and breakfast establishments subject to the provisions of § 151.084; and (10) Public buildings. (Ord. 239, passed 3-5-2001, § 4.4.2) Penalty, see § 151.999 For more information, please visit: https://vil-manchester.org/village-ordinance/
Development Name: Preserve at Manchester
Topography: Level
Easements: Electric Lines
Easements Description: 30' wide Consumers Power easement along north border, overhead electric service traversing north section and overhead electric service parallel to Logan.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,002 4,569 10,220
Median Age: 42.75 43.19 42.75
Households: 444 1,864 4,027

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions.