2385 Oak Valley DrAnn Arbor, MI 48103

  • Commercial land
  • 1.88 AC
For Sale
$425,000 View listing

Property Details for 2385 Oak Valley Dr

Lot size
1.88 AC
Property type
Commercial land
APN
L -12-06-282-002
APU
L1206282002

Description

This exceptional 1.08-acre commercial land parcel in Ann Arbor, Michigan, presents a unique development opportunity. Located at 2385 Oak Valley Dr, in Washtenaw County, zip code 48103, this property is zoned PUD (Planned Unit Development). The parcel boasts convenient access to major thoroughfares, including I-94 at the Ann Arbor Saline Road interchange, M-14, and US-23, ensuring excellent connectivity and accessibility. Previously, plans for a two-story, 19,000 square foot Class A office building were approved on this site, providing a solid foundation for future development. The asking price for this prime development land is $425,000. The property's APN is L-12-06-282-002. This location offers significant potential for investors and developers seeking a strategic foothold in the thriving Ann Arbor market. The site's existing approvals and prime location make it an attractive proposition for a variety of commercial developments. Don't miss this chance to acquire a highly desirable piece of commercial real estate in a dynamic and growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,063,518
    Hospitality
    $14,714,096
    Educational
    $12,241,955
    Medical
    $12,662,975
    Retail
    $19,043,042
2385 Oak Valley Dr, Ann Arbor, Michigan

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2524
Longitude
-83.7754
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,815
-
-
$181,027
-
-
-
$362,054

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