Vacant Land in Opportunity
978 East Cross Street, Ypsilanti, MI 48198
3.31 acres in Qualified Opportunity Zone near universities.
Type:Land
Lot size:
3.31 Acres- Added:
- Mar 6, 2026
- Days on Market:
- 77
- Last Refresh:
- Apr 6 at 12:38 am
Property Features for 978 East Cross Street
General Information
- Standard status
- Active
- Lot size
- 3.31 Acres
- Property subtype
- Land
Listing agent Dan Stewart, CCIM License #MI #6502361450 (734) 585-0995
Listing office SVN | Stewart Commercial Group, LLC (734) 585-0995
Listing date Mar 6, 2026
Source Svna2
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stewart Commercial Group, LLC
HighLights
- Located in a Qualified Opportunity Zone (QOZ) offering significant tax benefits for investors.
- Zoning allows for high‑density development of up to 20 units, ideal for multi‑family or assisted living projects.
- Close proximity to Eastern Michigan University (2 miles) and the University of Michigan (10 miles) caters to a large student population.
- Easy access to I‑94 and US 12 (2.5 miles away) provides convenient transportation to neighboring cities.
- Walking distance to historic Depot Town.
- Proximity to U of M Hospital and St. Joseph Mercy Hospital (less than 6 miles).
Overview
This 3.31-acre vacant land parcel is situated in a Qualified Opportunity Zone (QOZ), designed to encourage economic development through tax benefits for investors. The location is between East Cross Street and East Michigan Avenue, approximately 2.5 miles from I-94 and US 12, providing convenient access to neighboring cities. The property is within walking distance of historic Depot Town, close to two universities, eight miles from Downtown Ann Arbor, and less than six miles from U of M Hospital and St. Joseph Mercy Hospital. The current zoning allows for a density of up to 20 units, making it suitable for multi-family or assisted living development. Eastern Michigan University is two miles east, and the University of Michigan is ten miles west, indicating a substantial student population in the area. By 2020, the population aged 65 years or older is projected to reach 18,271, representing 15.6% of the population, suggesting a need for housing or care facilities. The property may be combined with 915 E. Michigan Ave for a total of 9.9 acres providing access to Cross St and Michigan Ave.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Ypsilanti
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.6289
- Latitude
- 42.2458
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 3.31 acres in Qualified Opportunity Zone near universities.
Where is this commercial land located?
The property is located at 978 East Cross Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone (QOZ) offering significant tax benefits for investors.; Zoning allows for **high‑density development of up to 20 units**, ideal for multi‑family or assisted living projects.; Close proximity to Eastern Michigan University (2 miles) and the University of Michigan (10 miles) caters to a large student population.
