Mixed-Use Opportunity
Retail-Commercial
for Sale
Also listed as Special Purpose
Catylist Listing ID: |
30777636 |
Building Size (RSF): |
83,280 SF
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Gross Land Area: |
9.28 Acres
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Sale Price: |
$9,400,000 |
Unit Price: |
$112.87 PSF |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
Laurel Manor |
Sale Terms: |
Other |
Cap Rate: |
Undisclosed |
Last Updated: |
6/29/2022 |
Overview / Comments
This three-property package consists of (1) 77,000 sq. ft. building on 4.16 acres, (2) 6,280 sq. ft. freestanding multi-tenant building on 2.84 acres and (3) 2.28 acres of vacant property. This development is ideal for many uses including hotel, senior care, medical, education and much more. I-96 frontage with convenient access to all area freeways.
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Financials
Finance Data Year |
2021 |
Real Estate Taxes - Annual($) |
$117,236 (Annual) |
Additional Details
Nearest MSA: |
Detroit-Warren-Dearborn |
County: |
Wayne |
Submarket/Township: |
Southern I-275 Corridor |
Tax ID/APN: |
075-99-0017-002, 115-002 & 001 |
Zoning: |
GENERAL BUSINESS |
Property Located Between: |
Eckles Road |
Traffic/Vehicle Count: |
137,582 |
Year Built: |
1987 |
Sprinklers: |
Other |
Heat Source: |
Heat Pump |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,017 |
100,067 |
273,912 |
Median Age: |
45.52 |
43.75 |
42.17 |
Households: |
3,758 |
42,680 |
113,390 |
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