115 Acres Just North of Ann Arbor Master plan multi USE Will divide

Vacant Land for Sale
Catylist Listing ID: 30679966
Property Subtypes: Agricultural
Building Status: Proposed
Gross Land Area: 115 Acres
Sale Price: $2,000,000
Unit Price: $17,391 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2021

Overview / Comments

This property is 115 acres located North Territorial Rd paved County 1400 ft frontage and 2600 feet Hellne gravel Rd. West of U.S.-23 interchange (exit 49).The first interchange North of the city of Ann Arbor Master planned Multi-Use. Possible change in zoning and tax Abatement

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $7,716 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: B-02-19-400-001,
Zoning: MASTER PLAN MULTI-USE
Market Type: Medium
Property Located Between: on the South west corner of N. Territorial Rd and Whitmore Lake rd
Side of Street: Southwest
Road Type: Paved
Property Visibility: Excellent
Legal Description: Property I.D., 02-19-400-001 1400 Ft .frontage on North Territorial rd And 2600 Ft on Hellner Rd.
Largest Nearby Street: N.Territorial Rd-West of U.S.-23 (exit 49)
Feet of Frontage: 1,400
Transportation: Highway
Highway Access: N.Territorial Rd Just West of Exit # 49 U.S.23 interchange
Site Description: 1/2 mile frontage on three roads North Territorial paved Rd and Hellner rd a gravel Road
Area Description: Rolling clear land with woods and some wetlands. 2600 Ft .on Hellner Rd. Gravel Road
Lot Frontage: 1400 Ft on North Territorial Rd. Paved Rd
Lot Depth: 2600 Ft. on Hellner Rd. Gravel Rd
Zoning Description: Master Plan Multi-Use Agricultural Zoning. Will Divide
Development Name: on North Territoria Rd and Whitmore Lake Rd
Topography: Rolling
Easements: Electric Lines
Easements Description: none known
Soil Type: Mixed
Available Utilities: Electric, Storm Drain
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,627 9,266 38,518
Median Age: 36.63 40.79 41
Households: 656 3,582 14,968

Contact

Photograph of Listing Agent

Ed Barbone

KW Commercial
CPIX Member
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