2000 Blk W. US-223

Vacant Land for Sale
Catylist Listing ID: 30507209
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 33 - 35 Acres
Sale Price: $2,200,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2020

Overview / Comments

Major Commercial corridor Site In Adrian.
35 +/- acres with approximately 1300 feet of frontage on US-223 in Madison Township next to Tractor Supply Company. Just West of the Corner of M-52 and US-223 which has the highest traffic counts in the County.
Zoned C-2 General Highway Commercial
Great site for Retail pad site Retail Center, Hotel, Fast Food.

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: Madison Twp
Tax ID/APN: MD0-110-4175-00
Zoning: C-2 GENERAL HIGHWAY COMMERCIAL DISTRICT
Property Located Between: S. Main St. (M-52) and Industrial Dr
Property Visibility: Excellent
Legal Description: LD DES AS COMM AT THE S1/4 COR OF SEC 10 T7S R3E TH N87^22'37"E 212.50 FT ALG THE S LI OF SD SE1/4 TH N 1657.59 FT TO THE NE'ERLY R/O/W OF HWY US-223 & THE POB TH N00^41'38"W 83.71 FT TO REFERENCE PT "A" TH N00^41'38"W 62 FT M/L TO THE CNTRLI OF RAISIN RIVER TH N'ERLY ALG SD CNTRLI TO ITS INTERSECTION WITH A LI WHICH BEARS S87^24'31"W FROM REFERENCE PT "B" (REFERENCE PT "B" IS LOC N57^11'38"E 212.29 FT & N11^24'36"E 181.76 FT & N20^50'30"E 258.36 FT & N25^12'03"E 201.86 FT & N00^05'35"W 212.07 FT ALG N INTERMEDIATE TRAVE LI FROM AFORESAID REFERENCE PT "A") TH N87^24'31"E 70 FT M/L ALG THE E-W 1/4 LI OF SD SEC TO REFERENCE PT "B" TH N87^24'31"E 628.35 FT ALG SD E-W 1/4 LI TH S02^35'51"E 244.89 FT TH S87^24'09"W 120 FT TH S02^35'51"E 100 FT TH N87^24'09"E 120 FT TH S02^35'51"E 324.36 FT TH N87^29'33"E
Largest Nearby Street: US-223
Feet of Frontage: 1,300
Traffic/Vehicle Count: 13,786
Highway Access: Abuts US-223 and is half a mile from M-52
Lot Frontage: 1300
Zoning Description: This district is intended to encourage planned and integrated groupings of retail, service, and administrative establishments which will retail convenience and comparison goods and provide personal and professional services for the entire area and to accommodate commercial establishments which cannot be practically provided in a local neighborhood commercial area. The district requires key accessible locations because of the heavy volumes of traffic that permitted uses can generate.
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,184 30,565 37,485
Median Age: 36.37 35.98 37.32
Households: 2,550 10,587 13,222

Contact

Photograph of Listing Agent

Patrick J. Hoffman, CCIM

Hanna Commercial CPIX Member
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