550 James L Hart PkwyYpsilanti, MI 48197

  • Commercial land
  • 2.77 AC
For Sale
$692,500 View listing

Property Details for 550 James L Hart Pkwy

Lot size
2.77 AC
Property type
Commercial land
APN
K -11-17-361-022
APU
K1117361022

Description

This exceptional 2.76-acre commercial land parcel presents a unique investment opportunity in Ypsilanti, Michigan. Strategically located on James L Hart Pkwy with immediate access to I-94, this property offers unparalleled connectivity and visibility. The asking price is $692,500, translating to $250,000 per acre, reflecting the land's high value and potential. The flexible zoning allows for a diverse range of development options, including hotels, medical facilities, office spaces, and industrial uses with outdoor storage capabilities. This versatility makes it ideal for a variety of businesses seeking a prominent location with excellent transportation links. Its proximity to Ann Arbor further enhances its appeal, providing access to a large and thriving workforce. The property's size and zoning flexibility offer significant potential for future growth and substantial return on investment. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly developing area. The location, zoning, and accessibility combine to create a compelling proposition for developers and investors alike. Don't miss this chance to secure a prime piece of real estate in a strategic location. The property is situated in Washtenaw County, Michigan, with a zip code of 48197.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $23,642,842
    Hospitality
    $21,656,716
    Educational
    $18,018,134
    Medical
    $18,637,804
    Retail
    $28,028,206

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2264
Longitude
-83.6216
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
2024
-
-
-
$141,100
-
-
-
$282,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].