32 + ACRES

Expired Vacant Land for Sale
Catylist Listing ID: 30040252
Property Subtypes: Industrial
Gross Land Area: 32.64 Acres
Sale Price: $345,000
Unit Price: $10,569 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Expired On: 8/11/2017
Last Updated: 8/11/2017

Overview / Comments

Railroad (Norfolk & Western Railway) runs down the entire western border of the property. Property was previously an aluminum manufacturing facility that has been completely removed from the property but still has heavy electrical and municipal utilities available. The perimeter of the property is fenced.

Attachments & Media

Financials

Finance Data Year 2016
Assessed Value - Total($) $129,000 (Annual)
Real Estate Taxes - Annual($) $5,038 (Annual)

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: Adrian Charter Township & Madison Charter Township
Tax ID/APN: XA0-136-4700-00 & MD0-101-4040-00
Zoning: CI
Property Located Between: E. Maumee St and Parr Hwy.
Property Visibility: Good
Legal Description: See Exhibit A
Largest Nearby Street: Maumee Street
Feet of Frontage: 1,088
Highway Access: US-223 BR, approx. 4.1 miles
Rail Access: Yes
Lot Frontage: 1088
Lot Depth: Irregular
Zoning Description: Industrial
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,307 28,796 42,996
Median Age: 34.23 35.85 37.64
Households: 2,084 9,904 15,245

Contact

Photograph of Listing Agent

Gilbert M Henry

Gil Henry & Associates CPIX Member
© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.