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1879 W Michigan Ave

18.8 Acres of Industrial Land Offered at $375,000 in Ypsilanti, MI 48197

Investment Highlights

  • Vacant Land - Estimated 6-8 acres are build-able
  • Centrally located off US-23 EXIT 34
  • Located in Ypsilanti Township at entryway to the City of Ypsilanti - home to Eastern Michigan University and St. Joe Mercy Hospital
  • Direct access EXIT 181A off I-94
  • Unique development opportunity for automotive, hospitality, light industrial, multi-family/residential, office, retail and more

Executive Summary

Ypsilanti Township recently updated its Master Plan and this property is centrally located in the Regional/Mixed Use Corridor of the newly formed Michigan Avenue Form Based Code District Plan.
The Michigan Ave. Regional/Mixed Use Corridor - Site Type D permitted use groups include Misc. Residential/Related Uses, Office/Institutional, Retail, Entertainment and Services and Light Industrial. Special use groups include Other Misc. and Automotive.
This is a unique development opportunity.

Property Facts

Price $375,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Warehouse
Total Lot Size 18.80 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $375,000
Price Per AC $19,947
Lot Size 18.80 AC

Gently sloping with wetlands in rear. Estimated 6-8 acres are build-able. Presumed building envelop and example site plan included in attachments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-39-350-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,800

zoning

Zoning Code FORM BASED
FORM BASED
  • Listing ID: 6670126

  • Date on Market: 4/6/2017

  • Last Updated:

  • Address: 1879 W Michigan Ave, Ypsilanti, MI 48197

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