2010 Michigan AveYpsilanti, MI 48197

  • Commercial land
  • 1.63 AC
For Sale
$399,000 View listing

Property Details for 2010 Michigan Ave

Lot size
1.63 AC
Property type
Commercial land
APN
K -11-39-252-016
APU
K1139252016

Description

This exceptional investment opportunity presents 2.2 acres of commercial and residential land in Ypsilanti, Michigan. Located at 2010 W Michigan Ave, this property boasts a highly desirable B3 (General Business) zoning designation, opening doors to a wide range of development possibilities. The site comprises three parcels (APN: K -11-39-252-016, K -11-39-252-025, K -11-39-252-023), totaling approximately 1.63 to 2.2 acres, providing ample space for various projects. The property benefits from its location in a high-traffic area, ensuring excellent visibility and accessibility. Adding to its appeal, preliminary engineering work has already been completed for the installation of an electric vehicle (EV) charging station, a significant advantage in today's market. This turnkey opportunity is priced at $399,000 and presents a unique chance to capitalize on the growing demand for commercial and residential development in a thriving Michigan community. The property's zoning and location make it ideal for a variety of uses, from retail and office spaces to residential developments. Don't miss this chance to acquire a strategically located and well-positioned land parcel with significant upside potential. The Washtenaw County location, with its zip code 48197, offers easy access to major transportation routes and amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,912,637
    Hospitality
    $12,743,900
    Educational
    $10,602,776
    Medical
    $10,967,421
    Retail
    $16,493,206

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2299
Longitude
-83.6423
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
-
-
-
$73,800
-
-
-
$147,600

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