Mixed Use Highway Interchange Vacant Land - Chelsea

Vacant Land for Sale
Catylist Listing ID: 30818370
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Office, Retail, Other
Gross Land Area: 74.98 Acres
Sale Price: $1,800,000
Unit Price: $24,006 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2022

Overview / Comments

Slightly rolling site with 35-40 usable acreage. 640 ft of frontage on M-52 with high visibility on I-94 and M-52 on the south side of Chelsea.

Future Land Use for mixed use zoning - General Commercial, Highway Commercial, Multi Family Residence, Business Park, or Industrial.

Located in Master Planned water and sewer district with ALTA and wetlands survey completed. Pipeline and drainage easements.

Financials

Finance Data Year 2022
Assessed Value - Total($) $501,600 (Annual)
Real Estate Taxes - Annual($) $9,820 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: Sylvan Township
Tax ID/APN: F-06-24-100-002
Zoning: AG - MASTER PLANNED MIXED USE
Property Located Between: I-94 & M-52 interchange
Property Visibility: Excellent
Legal Description: Part of N1/2 Sec 24 T2S R3E
Largest Nearby Street: I-94 & M-52
Feet of Frontage: 640
Highway Access: I-94
Airports: DTW, Ann Arbor, Jackson
Site Description: Slightly rolling site with 35-40 usable acres
Area Description: South side of Chelsea across road from new auto dealership. 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.
Lot Frontage: 640
Lot Depth: 2775
Zoning Description: AG-AGRICULTURE DISTRICT Purpose. (a)The AG-Agriculture District is composed of those areas of the township whose principal use is and ought to be farming. Permitted uses. The following buildings and structures, and uses, of parcels, lots, buildings and structures are permitted in this district: (1)A single-family dwelling.(2)A parcel may be used for general and specialized farming and agricultural activities including the raising or growing of crops, livestock, poultry, bees and other farm animals, products and foodstuffs, and any building or structure may be located thereon and used for the day-to-day operation of such activities, for the quartering, storage or preservation of said crops, livestock, poultry, bees, animals, products and foodstuffs until consumed on the premises or until moved to a place of collection, distribution or processing, and for the incidental sale of the crops, products and foodstuffs raised or grown on said lot or in said building or structure, provided that any lot that is kept as idle cropland shall be so treated as to prevent soil erosion by wind or water and so treated as to prevent excessive growth of obnoxious weeds and shrubs, and provided that any lot kept as noncropland shall be so treated as to prevent soil erosion by wind and water.(3)A parcel may be used, and a building or structure located thereon for the raising or keeping of fur-bearing animals, horses, ponies and other animals whether for profit or pleasure.(4)A parcel may be used for the raising or growing of plants, trees, shrubs and nursery stock, and any building or structure may be located thereon and used for such raising or growing and for the storage of equipment and materials necessary for such raising or growing.(5)Roadside stand, provided it is incidental to a permitted use and provided the nursery stock or other agricultural products sold at the stand are raised on the premises where situated.(6)Off-street parking as required in article V of this chapter.(7)Public and private recreation acres, such as: Public and private recreation acres, such as: a. Forest preserve; b. Game refuge; c. Recreation park and reservations; and d. Similar public and private use of low intensity use.(8)Public and private conservation area and structure for the development, protection and conservation of open space, watersheds, water, soil, forest, and wildlife resources.(9)A parcel may be used for the growing, stripping and removal therefrom of sod, provided that said lot or portion thereof shall be reseeded after stripping by fall of the year in which it was stripped so as to prevent actual or potential erosion by water or wind.(10)Lines and structures of essential services as set forth in section 30-220.(11)A sign, only in accordance with the regulations specified in article VII of this chapter.(12)An accessory use, building or structure.(13)Regardless of any other provisions herein, a dwelling unit not located on a farm may raise or keep, only as an accessory use, and only for the use of the occupant of the premises, and not for any purpose of remuneration, poultry, rabbits, and fowl and small animals, and livestock; provided that the minimum lot area for the raising and keeping of poultry, rabbits, and similar fowl and small animals shall be two acres; and provided further that the minimum lot area for the raising and keeping of livestock shall be between two acres for the first two livestock animals and 20,000 square feet of additional lot area for each additional one livestock animal. All fowl and animals shall be properly housed, fenced, and cared for so as not to become a public nuisance. See Sylvan Township website for Special Uses and additional information.
Topography: Gently Sloping
Easements: Pipelines, Water Rights
Easements Description: Pipeline and drainage easements
Soil Type: Mixed
Available Utilities: Electric, Gas
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,800 11,139
Median Age: 45.67 44.55
Households: 3,324 4,535

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