Development Site

Vacant Land for Sale
Catylist Listing ID: 30210647
Property Subtypes: Industrial, Office, Retail
Gross Land Area: 10.01 Acres
Sale Price: $90,000 Per Acre
Total Price: $900,900
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2019

Overview / Comments

Development opportunity: L-1 Zoned 10+ acre site on Whitmore Lake Rd, just off US-23 and North Territorial Interstate ramp (Exit 49). Area has established commerce businesses. Property has sewer on the road frontage. Ideal for commercial, service, office and research technology. See attached table of permitted and conditional uses.

Can be combined with adjacent properties for a total of 20 acres.

Financials

Finance Data Year 2017
Assessed Value - Total($) $403,600 (Annual)
Real Estate Taxes - Annual($) $7,986 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Taxing Authority: Northfield Township
Tax ID/APN: B-02-20-300-027
Zoning: LIGHT INDUSTRIAL DISTRICT
Property Located Between: North Territorial Rd and Northfield Church Rd
Property Visibility: Good
Legal Description: TRANS 1/19/96 OWNER REQUEST ****FROM 0220300021 12/11/95NO 20-10A-1B-2A-2 PCL "A-2" COM AT SW COR SEC 20, TH N 02-01-50 E 4 TH CONT N 02-01-50 E 364.85 FT, TH N 57-33-01 E 1118.07 FT, TH S 35-51-25 E 400.00 FT, TH S 61-43-48 W 1351.98 FT TO POB. PT OF SW 1/4 CONT 10.01 ACRES
Largest Nearby Street: Whitmore Lake Rd
Feet of Frontage: 400
Highway Access: Easy access to US-23, just north 1/2 mile to North Territorial.
Airports: Ann Arbor, Willow Run & Detroit Metro
Lot Frontage: 400
Lot Depth: 1351 - irregular
Zoning Description: LI—LIMITED INDUSTRIAL DISTRICT Sec. 36-508. - Purpose. This district is composed of those areas of the township whose principal use is or ought to be light manufacturing and other limited industrial uses. These uses generate a minimum of noise, glare, odor, dust, vibration, air and water pollutants, fire, explosive and radioactive hazards, and other harmful or obnoxious matter. This district has been located within the township to permit the development of these industrial uses, to protect adjacent agricultural, residential and commercial areas against the encroachment of incompatible uses, and to lessen congestion on public streets and highways. To these ends, certain uses which would function more effectively in other districts and would interfere with the operation of these industrial activities and the purpose of this district have been excluded. (Ord. of 7-22-2013, § 40.01) Sec. 36-509. - Permitted uses. The following buildings and structures, and uses of parcels, lots, buildings and structures, are permitted in this district; provided that materials and equipment to be used in the principal business and products resulting from the principal business shall be stored within a completely enclosed building. Such products, materials, and equipment may be stored outdoors if a conditional use permit therefor is obtained in accordance with this chapter. (1) Research oriented and light industrial park uses. (2) The manufacturing, compounding, process, or treatment of such products as bakery goods, candy, cosmetics, dairy products, food products, perfumes, pharmaceutical toiletries, and frozen food lockers. (3) Assembly of merchandise such as electrical appliances, electronic or precision instruments and articles of similar nature. (4) Packaging of previously prepared materials, but not including the bailing of discards, old iron or other metal, wood, lumber, glass, paper, rags, cloth or other similar materials; recycling centers. (5) Printing, lithographic, blueprinting and similar uses. (6) Warehousing and material distribution centers; provided all products and materials are enclosed within a building. (7) Light manufacturing industrial uses which by the nature of the materials, equipment and processes utilized are to a considerable extent clean, quiet and free from any objectionable or dangerous nuisance or hazard, including any of the following goods or materials: drugs; jewelry; musical instruments; sporting goods; glass products; small household appliances; electronic products; printed matter; baked and dairy products; advertising displays; tents and awnings; brushes and brooms; cameras and photographic equipment and supplies; wearing apparel; leather products and luggage, but not including tanning; products from such finished materials as plastic, bone, cork, feathers, felt, fiber, paper, glass, hair, horn, rubber, shell, or yarn. (8) Research and testing facilities. (9) An accessory use, building or structure. (10) A sign, only in accordance with the regulations specified in article XXVI of this chapter. (11) Essential services, as provided in section 36-65
Topography: Level
Available Utilities: Sewer
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,266 35,382
Median Age: 40.79 41.03
Households: 3,582 13,951

Contact

Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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