4.85 Acre Ann Arbor Site for Development for Sale

Vacant Land for Sale
Catylist Listing ID: 30355466
Property Subtypes: Multi-Family, Retail-Pad
Gross Land Area: 4.85 Acres
Sale Price: $1,875,000
Unit Price: $386,597 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2020

Overview / Comments

One of a kind opportunity for mixed use development in Ann Arbor's northside at corner of Pontiac Trail and Dhu Varren. Area of new development, parks trails and minutes to downtown. Situated on higher elevation which provide tremendous views of the City of Ann Arbor and Huron River valley.

Financials

Finance Data Year 2018
Assessed Value - Total($) $335,400 (Annual)
Real Estate Taxes - Annual($) $13,742 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-09-16-200-002
Zoning: PUD
Property Located Between: Corner of Pontiac Trail and Dhu Varren
Property Visibility: Excellent
Largest Nearby Street: Pontiac Trail
Feet of Frontage: 1,024
Highway Access: US 23 & M 14
Site Description: Corner parcel in area of new developments
Area Description: Several new developments in NE Ann Arbor
Lot Frontage: 1024
Lot Depth: 511
Zoning Description: PUD zoning for retail and multi family
Topography: Gently Sloping
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,060 66,666 134,481
Median Age: 34.7 31.93 34.26
Households: 3,368 25,759 55,573

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