15 Acres Ready For Development

Vacant Land for Sale
Catylist Listing ID: 30753480
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 15 Acres
Sale Price: $1,200,000
Unit Price: $80,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/26/2022

Overview / Comments

Current Jackson Speedway on 15 acres offers an exceptional development opportunities with I-1 (light industrial). Over 90% of the property is flat & build-able. Private, city-owned road to property.

The property may be approved for marijuana use (grower facility, registered primary caregiver, secure transporter facility, safety compliance facility and micro-business)

Over 732' of frontage on US-127.

Real estate includes 2 buildings. One being +/- 3,072 SF currently used as office space w/ restroom, viewing areas, concessions, etc. The 2nd building is a 45 X 65 garage w/ 14' ceiling, 2 garage doors & 2 pedestrian doors.

Additional Details

Nearest MSA: Jackson
County: Jackson
Taxing Authority: City of Jackson
Tax ID/APN: 6-1854.1000
Zoning: I-1
Property Located Between: Page Ave & Falahee Rd
Property Visibility: Good
Legal Description: COM AT S 1/4 CORNER OF SEC 6 T3S R1E, TH N 00 DEG 15' 24" E ALG N/S 1/4 LN OF SD SEC 1356.70 FT TO A PT S 00 DEG 15' 24" W 1297.00 FT OF THE CENTER OF SD SEC TH N 87 DEG 55' 01" W 131.93 FT TO POB OF THIS DESC, TH CONT N 87 DEG 55' 01" W 950.03 FT TH S 38 DEG 59' 19" W 287.49 FT TH S 00 DEG 15' 24" W 400.00 FT TH S 87 DEG 55' 01" E 900.98 FT TO WLY R/W LN OF HIGHWAY US-127 TH N 37 DEG 06' 56" E ALG SD WLY LN 154.25 FT TH ALG A CURVE TO THE LEFT CONTINUING ALG SD WLY LN 257.09 FT (SD CURVE HAVING A RADIUS OF 1780.08 FT, DELTA ANGLE OF 08 DEG 16' 30" AND A CHORD OF 256.87 FT BEARING N 32 DEG 19' 04" E, TH N 00 DEG 15' 40" E 281.59 FT TO POB
Largest Nearby Street: Page Ave
Feet of Frontage: 914
Traffic/Vehicle Count: 30,407
Highway Access: US-127, I-94
Airports: Jackson County, Ann Arbor Municipal, Detroit Metro
Site Description: Currently racing facility.
Area Description: Surrounded by national retail/restaurant including Menards and local businesses and manufacturers.
Lot Frontage: 914
Lot Depth: 850
Zoning Description: The light industrial district is designed to provide suitable space for industrial uses that operate in a safe, nonobjectionable and efficient manner, and so require a minimum of buffering measures from adjoining nonindustrial zoning districts. These uses generate a minimum of noise, glare, odor, dust, vibration, air pollutants, water pollutants, fire, explosive or radioactive hazards, or other harmful or obnoxious matter. Any use allowed as a permitted or conditional use in the C-4 district, except the planned building group shopping center and the work release (halfway) house, shall be considered a valid permitted or conditional use in this district.
Topography: Level
Easements: Other
Easements Description: provided with title commitment
Available Utilities: Electric
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,672 39,286 85,056
Median Age: 36.26 34.74 37.58
Households: 1,462 15,386 31,749


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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