953 Michigan AveYpsilanti, MI 48198

  • Commercial land
  • 6.58 AC

Property Details for 953 Michigan Ave

Lot size
6.58 AC
Property type
Commercial land
APN
K -11-10-205-039
APU
K1110205039

Description

This exceptional 6.59-acre commercial land parcel, located at 953 E Michigan Ave in Ypsilanti, Michigan (48198), presents a unique development opportunity. Previously a mobile home park, the site has been completely cleared of all above-ground structures, making it ready for immediate development. The property is zoned for Commercial and General Business use, offering considerable flexibility for a variety of projects. The Washtenaw County location provides excellent access to major transportation routes and a thriving local economy. A development agreement with the Township is a condition of sale. An adjacent 3.3-acre vacant parcel is also available for purchase, potentially expanding the total acreage to 9.8 acres, contingent upon Township zoning ordinance approval and compliance with the Michigan Plat Act. The APN is K-11-10-205-039. Prospective buyers are strongly advised to seek legal counsel before closing the transaction. This property offers significant potential for investors and developers seeking a prime location in a growing market. Don't miss this chance to acquire a substantial tract of land poised for development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $56,162,548
    Hospitality
    $51,444,592
    Educational
    $42,801,296
    Medical
    $44,273,300
    Retail
    $66,579,796

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2439
Longitude
-83.5944
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
-
-
-
-
-
-
-
-

FAQs

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