Great Development Opportunity!

Vacant Land for Sale
Catylist Listing ID: 30475480
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 37.42 Acres
Sale Price: $595,000
Unit Price: $15,900 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2019

Overview / Comments

Beautiful 37 + acre property with mature trees and ponds allow for a lovely residential development, single family homes, duplexes or "estate" properties (Zoned SR-1).

Current site plan approved for 65 standard lots (attached). South Lyon Schools. Just minutes to Ann Arbor and Brighton with easy access to US 23.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Northfield Township
Tax ID/APN: B-02-09-200-007
Zoning: SR1- SINGLE FAM
Property Located Between: Donna Lane & E Shore Drive
Property Visibility: Good
Legal Description: N 1/2 OF NW 1/4 OF SEC 9 T1SR6E-W OF 7 MILE RD, EXC COM AT W 1/4 COR, TH N 1-28-40 E1309 FT, TH E 1485.6 FT, TH N 6-44-6 W 574.03 FT, TH W 33.23 FT TO POB, TH W 365.76FT, TH N 330 FT, TH E 308 FT TH 264.89 FT ON ARC OF CURV-RAD 1877.1 FT-CHORD S 10-46-39 E 264.64 FT, TH S 64-44-6E 70.49 FT, TO POB
Largest Nearby Street: 7 Mile Road
Highway Access: US23
Airports: Detroit Metro, Willow Run & Ann Arbor Municipal
Lot Frontage: 997
Lot Depth: 1457
Zoning Description: This district is composed of those areas of the township whose principal use is and ought to be single-family dwellings on moderately small-sized lots. The regulations of this district are designed to create predominately suburban character in those areas which are served by a central sanitary sewer system. In addition to the dwellings permitted in this zoning district, certain residential and public uses are permitted which have been strictly regulated to make them compatible with the principal use of this district.
Easements: Other
Easements Description: provided with title commitment
Available Utilities: Electric, Gas, Sewer
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,017 12,089 35,756
Median Age: 36.22 40.23 41.23
Households: 893 4,806 13,999

Contact

Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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