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2324 Michigan Ave 4 Acres of Commercial Land Offered at $1,250,000 in Ypsilanti, MI 48197
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- Offering Memorandum
Property Facts
| Price | $1,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-3 | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.00 AC |
| Opportunity Zone |
Yes |
| Zoning | B-3 |
1 Lot Available
Lot 1
| Price | $1,250,000 | Lot Size | 4.00 AC |
| Price Per AC | $312,500.00 |
| Price | $1,250,000 |
| Price Per AC | $312,500.00 |
| Lot Size | 4.00 AC |
Description
4 acres right at I-94 & Michigan Ave. An incredible amount of potential with this property. Perfect for fast food restaurants, hotel or gas station development. Property is zoned B3 with high traffic. Right next door to Bank of America and across street from Wendys/Tim Hortons and super easy on/ easy off to I-94. Current use is residence w/several outbuildings but has been used as a rental in the past. Plans exist to erect an auto repair facility with several bays, Office Space, and a coffee shop. So much potential in this prime piece of High Traffic Real Estate!
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $413,500 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$413,500
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2324 Michigan Ave