Listing Agency: Team Geidner Investments PC d***@aol.com Show Phone

Listed By: Douglas Geidner · License #6502355479 Show Phone

Source: Southquest.kw

Added: Oct 29, 2020 Changed: Aug 31 Last Checked: Aug 31 at 12:41PM

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Investment Insights

Based on property information with market context.

This commercial land parcel has frontage along both Martz Road and Merritt Road. The property carries FI zoning, and rezoning will be required for redevelopment. The recorded property size is 3304897, with paved public road access identified.

The parcel is situated south of I-94 near Ford Lake and Ypsilanti. Existing retail, restaurants, grocery stores, and residential neighborhoods are located in the surrounding area. The address is 8501 Martz Road, Ypsilanti, MI 48197.

Key Highlights

• 3304897 property size
• Frontage on both Martz Road and Merritt Road
• FI zoning; rezoning required for redevelopment

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Pharmacy HVAC Service Plumbing Service Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 48197, MI

67,895

Population

28,649

Households

2.4

Avg Household Size

33

Median Age

47%

College-Educated

94%

High-School Grad

41.2 sq mi

ZIP Area

1,648

Density / Sq Mi

$70,913

Median Household Income

$39,314

Median Earnings

$1,203

Median Rent

$274,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - FI-zoned parcel fronts Martz and Merritt Roads, with rezoning required for redevelopment.

Where is this commercial land located?

The property is located at 8501 Martz Road Ypsilanti, MI.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 3304897 property size; Frontage on both Martz Road and Merritt Road; FI zoning; rezoning required for redevelopment