Single and Multi Family 298 total units

Vacant Land for Sale
Catylist Listing ID: 30001072
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 7.83 - 109.27 Acres
Sale Price: $180,000 - 5,000,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/14/2016

Overview / Comments

Opportunity for 2017 development.

Two Residential Parcels Available.
Some engineering completed, previous approvals will take approximately 60 days to renew.

Paved road leading to site, water and sanitary leading to site are adequate and ready to be tapped. Storm sewer onsite.

High Walkability Index - adjacent to golf course, shopping, restaurants, drug store, & library.

7.83 acres - preliminary plat approval for 9 lots, including 4 golf course lots.
109.27 acre parcel previously approved for 289 total units:
50 condominiums (1st phase)
111 single family units
128 multi-family units

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti Township
Tax ID/APN: K-11-20-301-060
Zoning: RES
Property Located Between: I-94 and Textile
Property Visibility: Excellent
Largest Nearby Street: Whitaker Road
Highway Access: I-94 access: 1 mile
Site Description: Beautiful Site - Excellent soils, fairly level, some gently rolling areas, creek meanders through property. Mix of open area and trees including deciduous and tall pines. No adverse conditions, no nearby rail. Adjacent to popular Pineview Estates Subdivision.
Area Description: Quiet area but perfect for commuters. One mile to highway. Close to hospitals, universities, and Toyota Plant and Tech Center. 15 minutes to Ann Arbor, 20 minutes to Airport, 35 minutes to Detroit.
Zoning Description: Res
Part of Planned Development?: Yes
Development Name: Paint Creek PUD
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Storm

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,312 69,586 137,558
Median Age: 37.49 34.06 34.46
Households: 999 27,744 55,640

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