Vacant Land for Sale in Ypsilanti

Vacant Land for Sale
Catylist Listing ID: 28626090
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 3.83 Acres
Sale Price: $285,000
Unit Price: $74,412 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2016

Overview / Comments

212` on N. Park, 237` on High, 286` on N. Grove, 528` wide. 662` on railroad. Beautiful site slopes over 15` from North side to rail on South. Has older 7500 sf gym, 1400 sf office over a garage. Value is in the land. Buildings vacant. Zoning allows for a density of 25-30 two bedroom rental units per acre subject to setbacks, parking, etc. Site is 3.83 acres! Walking distance to Depot Town and Downtown Ypsilanti. Great location.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: City of Ypsilanti
Tax ID/APN: 11-11-09-111-001
Zoning: R-4
Market Type: Large
Property Located Between: Michigan and High
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Michigan Ave
Feet of Frontage: 212
Transportation: Bus, Rail, Highway, Airport
Highway Access: I-94
Lot Frontage: 212
Lot Depth: 600
Zoning Description: Contact agent for more information
Development Name: Boy & Girls Club Site
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,420 68,383 144,518
Median Age: 32.39 32.9 34.73
Households: 8,304 28,857 58,564


Photograph of Listing Agent

David L. Hamilton, CCIM

Swisher Commercial CPIX Member
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