400 Acres Vacant Land with Development Opportunity for Sale in Chelsea

Vacant Land for Sale
Catylist Listing ID: 30704735
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 400 Acres
Sale Price: $3,250,000
Unit Price: $8,125 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Last Updated: 10/26/2021

Overview / Comments

Tremendous opportunity to own 400 acres of vacant land with future development potential 1/4 mile to the City of Chelsea. Property consists of 110 acres tillable crop land, 105 acres of woods, a private 14 acre lake, 107 acres of muck ground, and 96 acres of wetland & meadow. There is potential to expand tillable acreage as the muck ground has not been farmed for a few years but has been in the past and is tiled and has pumps to assist in drainage. Mill Creek runs through the property which feeds the private lake. Four Mile Lake Chelsea State Game Area borders the property on the east. The woods has $116,670 value of timber ready to be harvested now, timber appraisal attached. Farm rent is $75/acre on a year to year basis. The property is loaded with wildlife and has been managed to create sustainable habitat for decades. Species include whitetail deer, turkey, waterfowl, small game and a family of whitetail hawks. Lake has a stable population of all typical species of fish for southern Michigan.

Potential for 425 Agreement or annexation with the City of Chelsea for municipal sewer and water. Long term development property with future zoning planned for 4 residential units per acre. Property is located in the Township Sewer & Water District.

Farmstead on 10 acres area not included.

Close to Chelsea High School, 1/4 mile from downtown Chelsea. Minutes from M-52 and I-94.

Additional acreage available on the west side of the property. A must see, outstanding 219.5 acre estate with custom built home at 13742 Dexter-Chelsea.

WATCH AERIAL VIDEO TOUR: https://youtu.be/twPzJd_SL6w

Financials

Finance Data Year 2020
Assessed Value - Total($) $1,035,550 (Annual)
Real Estate Taxes - Annual($) $10,129 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: Lima Township
Tax ID/APN: G-07-05-300-002
Zoning: AG-2
Property Located Between: North of Dexter-Chelsea, West of N. Fletcher
Property Visibility: Excellent
Legal Description: Part of SW 1/4 & SE 1/4 SEC 5 T2S,R4E 400 AC
Largest Nearby Street: Dexterr-Chelsea
Highway Access: I-94 at Fletcher Road Exit and M-52 (Main St.) in Chelsea
Airports: DTW, Ann Arbor
Area Description: Chelsea, Michigan is a thriving small city in southeastern Michigan with an abundance of shopping, dining, entertainment, and local activities. Over the years, Chelsea has evolved into a diverse community, embracing its agricultural heritage, maintaining an active manufacturing base, and cultivating a vibrant art scene. The unique and lovely architecture that defines Chelsea is a treasure to be experienced. Streets, buildings, parks and businesses serve as reminders of Chelsea’s long history. Recently honored as a National Register of Historic Places designation, the downtown area abounds with history wherever you turn. Whether you are looking to stroll quaint Victorian neighborhoods, view historical Main Street architecture at its best, or delve deeper into the history of small town America, Chelsea has all that and more to offer. Chelsea’s thriving shopping district offers both residents and visitors alike the pleasant ambiance of tree-lined streets and cheerful storefronts. Visitors can stroll down historic Main Street, the home of specialty shops, gift boutiques, markets, restaurants, cafes, and visitor tours at Chelsea Milling, home of Jiffy Mix. The beautiful 25,000-acre Waterloo Recreation Area is literally at Chelsea’s doorstep. You can experience the beauty of Michigan’s unique wilderness, wildlife and geological wonders in this protected area. There nature enthusiasts can hike, ski, or bike miles of trails, spend a sunny afternoon fishing on one of many lakes, or experience the spectacle of the migrating sandhill cranes. Golfers can choose from more than 20 lush golf courses, all within a 20-minute drive. Families can enjoy a picnic and playgrounds and Timbertown, Pierce Park or Veteran’s Park. A commitment to the arts is an essential part of Chelsea’s vitality. Actor Jeff Daniels, an inaugural inductee in the Michigan Walk of Fame, is a founder of The Purple Rose Theater which showcases the work of nationally known playwrights, as well as the talents of equity-card actors. Chelsea Center for the Arts welcomes students of all ages to discover and nourish a love of art and music and features a yearly community art project. Chelsea counts outstanding educational and health care among its many valuable resources. The Chelsea School District’s excellent staff and high level of parental involvement prepare students of all ages for a bright future. The Chelsea Community Hospital, nestled in a beautiful, wooded setting, provides quality healthcare, including a Health and Wellness Center, a Head Pain Program, a Woman’s Health Center and ER services. For more than 100 years, Chelsea has been an ideal place for seniors to enjoy their lives. A diverse range of opportunities exist for seniors to experience art and music, volunteer, and join social groups all within a friendly small town atmosphere. Chelsea proudly offers several residential communities for seniors including the Chelsea Retirement Community and Silver Maples of Chelsea, which both offer beautiful campuses and a range of living options. With many organizations dedicated to providing senior services including the Chelsea Senior Center and the Chelsea Community Hospital, seniors can stay active and feel comfortable knowing that the full spectrum of resources are available within their community.
Zoning Description: AG-2, AGRICULTURE-2 Land use within this category would include low density rural residential property and agricultural activities. Farming and low density residential uses are considered to be a compatible land use within this land use category. These areas are intended to preserve the rural character of the Township. Uses and buildings that require substantial public or private services, such as major thoroughfares, water supply and waste water treatment facilities, drainage, and other public or private utility type services are discouraged. The minimum lot size is five (5) acres. Residential development in the AG-2 land use category is encouraged to make use of the clustering option available in the Zoning Ordinance.
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Gas, Cable
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,833 6,804 16,752
Median Age: 41.22 44.69 44
Households: 1,159 2,899 6,448

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