Lenawee County Gravel Pit

Vacant Land for Sale
Catylist Listing ID: 29834763
Property Subtypes: Agricultural, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 148.86 Acres
Sale Price: $999,000
Unit Price: $6,711 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

148.86 acre gravel pit, 2 miles from US-12 and Michigan International Speedway. Pit is currently idle and not in operation. Pit still has 1/3 un-mined section- approx. 50 acres. Approx. 7,500 tons of Pea-stone stockpiled on site. Outstanding ratio of sand to stone, excellent 2NS quality sand, very good stone for crushing operations.

Lake is ideally suited for dredging operation, significant quantities of material available. Property has secured fencing and heavy duty double gates at front entrance. Asphalt road is approx. 1 mile to the south and 2 miles to the north.

Large spring fed lake on site and located on one of the highest elevations in Lenawee County. Outstanding location for hunting lodge/retirement home, located in one of the hottest areas in the state for huge white tail bucks.

Attachments & Media

Financials

Finance Data Year 2013
Assessed Value - Total($) $255,400 (Annual)
Real Estate Taxes - Annual($) $5,307 (Annual)

Additional Details

Nearest MSA: Jackson
County: Jackson
Taxing Authority: Cambridge Township
Tax ID/APN: CAO-119-1100-00 & CAO-119-1600-00
Zoning: AGRICULTURAL
Market Type: Rural
Property Located Between: Laird Road & Stephenson Rd
Side of Street: East
Road Type: Gravel
Legal Description: CAO-119-1100-00: N 80.86 ACRES OF NW FRL 1/4 SEC 19 CAO-119-1600-00: S 68 ACRES OF NW FRL 1/4 SEC 19
Largest Nearby Street: Michigan Avenue (US-12)
Highway Access: Located southwest of US-12 and M-50.
Area Description: Just south of Michigan International Speedway.
Zoning Description: Agricultural District (AG-1): The intent of this district is to set aside land suitable for agricultural development and agricultural related uses. a. Permitted Uses: 1. General and specialized farming and agricultural activities except feedlots; but including the raising or growing and storage or preservation of crops, sod, livestock, poultry, rabbits, fur-bearing animals and other farm animals, and plants, trees, shrubs and nursery stock. 2. Sale of agricultural products raised or grown on the farm premises including roadside stand for said sales. 3. Single-family detached dwellings. 4. Home occupations only in accordance with the regulations specified in Article V, Section 5.14. 5. Kennels. 6. Conservation and/or recreation areas including forest preserves, game refuges, nature reservations, hunt clubs and similar areas of low intensity use. 7. On-site signs only in accordance with the regulations specified in Article V, Section 5.2.2. 8. Essential services and structures of a non-industrial character, but not including maintenance depots and warehouses only in accordance with the regulations specified in Article V, Section 5.17. 9. Accessory uses or structures. 10. State licensed residential facilities. b. Conditional Uses: 1. Quarries. 2. Golf courses. 3. Group or organized camps, camping grounds and general or specialized resorts. 4. Airports. 5. Public and private nurseries, primary or secondary non-profit schools, and colleges and universities. 6. Convalescent homes, nursing homes, hospitals, sanitariums and orphanages. 7. Riding academies and stables. 8. Churches and other buildings for religious worship. 9. Cemeteries. 10. Golf driving ranges. 11. Travel trailer parks. 12. Feedlots. 13. Animal hospitals. 14. Sanitary landfills. 15. Retail sale of specialty, novelty and gift items; including sale of food and beverage, in connection with the permitted sale of agricultural or horticultural products. 16. Ambulance Service. 17. Special Event Parking. 18. Communication Tower. 19. Open Recreational Vehicle Storage. 20. Outdoor Wood-Fired Hydronic Heaters. 21. WECS and Anemometers over eighty (80) feet in height.
Development Name: Marr Road Gravel Pit

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,224 14,459
Median Age: 47.58 47.35
Households: 1,296 6,051

Contact

Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
Photograph of Listing Agent

Richard Timmons

Colliers International
Not a member of CPIX
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