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: |
$2,100,000 |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/4/2022 |
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.
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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 |
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 |
|
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