375 Ellsworth RdAnn Arbor, MI 48108

Property Details for 375 Ellsworth Rd

Lot size

5.29 AC

Property type

Commercial land

APN

L -12-16-200-036

APU

L1216200036

Description

This exceptional 5.7-acre commercial land parcel presents a remarkable investment opportunity in Ann Arbor, Michigan. Located at 375 W. Ellsworth Rd, 48108, this property is zoned for commercial use, offering significant potential for various development projects. Its strategic location provides convenient access to major thoroughfares, placing it within a short distance of downtown Ann Arbor – approximately 3.5 miles away, a straight shot down State Street. The site benefits from high visibility and proximity to established businesses, including a Costco and Speedway gas station, located 1,200 feet to the west and adjacent to the property respectively. This prime location ensures high traffic volume and excellent exposure for any future development. The expansive lot size allows for considerable flexibility in design and construction, catering to a wide range of commercial ventures. The asking price for this exceptional property is $3,750,000. This presents a unique chance to acquire a significant commercial land holding in a thriving Michigan market. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. The property is situated in Washtenaw County.

• Alternative Use

  Use

  Valuation

  Residential

  $45,151,848

  Hospitality

  $41,358,852

  Educational

  $34,410,080

  Medical

  $35,593,492

  Retail

  $53,526,788

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2289

Longitude

-83.7365

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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