6 Acres on South State in Ann Arbor for Sale

Vacant Land for Sale
Catylist Listing ID: 30025586
Property Subtypes: Industrial, Office, Retail
Gross Land Area: 6.16 Acres
Sale Price: $495,000
Unit Price: $80,357 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/14/2020

Overview / Comments

Unique opportunity to build office, research or commercial on Ann Arbor's south side adjacent to Ann Arbor Airport.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: Pittsfield Township
Tax ID/APN: L-12-16-300-003
Property Located Between: Ellsworth and Morgan
Property Visibility: Excellent
Legal Description: Part of NW 1/4 Sec 16 T3S-R6E 6.16 Acres
Largest Nearby Street: South State and Ellsworth
Feet of Frontage: 287
Highway Access: I-94 at State Street, US-23
Airports: DTW, Ann Arbor
Area Description: The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife.
Lot Frontage: 287
Lot Depth: 1111
Zoning Description: Intent. The BD Business District is intended to provide a zoning district that encourages creative, well planned, employment-intensive mixed research, office, and commercial development in a campus-like setting. The District encourages consistent and uniform site layouts, architecture designed to attract business and light industry that is clean and unobtrusive to surrounding properties, development opportunities for high skill jobs close to residential areas, thus reducing travel time and relieving any strain on the transportation infrastructure, expansion of employment opportunities by emphasizing employment-intensive uses; and providing a setting that is aesthetically pleasing. The District is intended to allow for limited retail uses with the primary purpose of serving the office space, research and development uses contained within each campus.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,366 60,387 159,883
Median Age: 31.38 36.96 35.09
Households: 1,944 26,234 65,549
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