Commercial Town Center Zoning- Ypsilanti Twp.

Vacant Land for Sale
Catylist Listing ID: 1175808
Property Subtypes: Retail
Gross Land Area: 4.68 Acres
Sale Price: $2,200,000
Unit Price: $470,085 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2017

Overview / Comments

Acreage in the heart of growing township. Great site for life style center that includes retail, residential and services. Current zoning is R3 but future zoning to be Town Center. This is a site that has great traffic exposure and now has the zoning to provide an opportunity for new development with a variety of mix uses as a possibility. The shopping center across Whittaker Road is limited retail due to current tenant non competes. Envision retail, service and residential on a second floor overlooking the open space.

Attachments & Media

Financials

Finance Data Year 2015
Assessed Value - Total($) $28,400 (Annual)
Real Estate Taxes - Annual($) $837 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Tax ID/APN: k-11-21-200-032
Zoning: AR
Market Type: Medium
Property Located Between: S Huron River Drive and Stony Creek Road
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Whittaker
Feet of Frontage: 200
Transportation: Highway
Highway Access: Approximately 1 mile to I-94
Airports: 115 minutes to Detroit Metropolitan Airport
Site Description: This a level site with great traffic and an opportunity for retail with unrecognized traffic an roof top access for customers.
Area Description: Abundant new housing without retail supply.
Zoning Description: Town Center in Ypsilanti Township.
Development Name: Commercial Town Center
Topography: Level
Available Utilities: Electric, Water, Gas, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,007 68,063 134,768
Median Age: 34.1 33.75 34.86
Households: 2,783 27,141 54,859
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