Prime Residential Land in Ypsilanti - Water & Sewer

Vacant Land for Sale
Catylist Listing ID: 30811252
Property Subtypes: Residential (Single Family)
Gross Land Area: 84.21 Acres
Sale Price: $1,275,000
Unit Price: $15,140 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/12/2022

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.

Includes four (4) parcels totaling 84.21 acres of pristine, gently rolling & mostly cleared farmland.

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: K-11-19-200-010 & 011 and K-11-18-300-022
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.
Largest Nearby Street: Michigan Ave./US-12
Feet of Frontage: 1,351
Highway Access: US-12 & I-94
Airports: DTW, Ann Arbor
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. Ypsilanti Township may be amenable to higher density site-condo is applied.
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: 2,762 70,238 171,219
Median Age: 37.14 33.08 32.84
Households: 862 29,009 67,299


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