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Prime Land Near Ann Arbor
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N Territorial Rd, Whitmore Lake, MI 48189

8 acres of commercial land near US-23 and Ann Arbor.

Property SizeContact for details
Lot Size8.00 Acres
Days on Market170

Property Features for N Territorial Rd

General Information

Standard status Active
Lot size 8.00 Acres
Property subtype Land
Listing Agency: Chestnut Real Estate
Listed By: Steve Gronow · License #6500223326
Source: Crexi
Added: Mar 26 Changed: Sep 7 Last Checked: Sep 10 at 9:17AM

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 Chestnut Real Estate

Investment Insights

Based on property information with market context.

This property features approximately 8 acres of land situated on the northwest corner of North Territorial Road and Whitmore Lake Road, located in Northfield Township, just north of Ann Arbor. It is positioned west of the US 23 and North Territorial exit, approximately 7 miles from the University of Michigan Hospital. The site has sewer and water access. According to the Township Master Plan, the area is designated for Commercial and Multifamily Mixed Use, accommodating various developments such as senior living facilities, assisted care, independent living, and fast food or drive-through establishments. The property is anchored by the Chestnut Hills and Chestnut Village Community, which is currently under construction and includes 208 luxury ranch apartments and 57 single-family homes. Please note that images of property lines are estimates for illustrative purposes only. An adjoining 3 acres of land are also listed for sale.

Key Highlights

  • Prime location: Northwest corner of North Territorial and Whitmore Lake Road, near Ann Arbor.
  • Development potential: Zoned for Commercial/Multifamily Mixed Use, suitable for various projects.
  • Sewer and water are already at the site.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 48189, MI

14,038
Population
6,196
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
97%
High-School Grad
34.2 sq mi
ZIP Area
410
Density / Sq Mi
$82,433
Median Household Income
$48,223
Median Earnings
$1,228
Median Rent
$286,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8 acres of commercial land near US-23 and Ann Arbor.
Where is this commercial land located?
The property is located at N Territorial Rd Whitmore Lake, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime location: Northwest corner of North Territorial and Whitmore Lake Road, near Ann Arbor.; Development potential: Zoned for Commercial/Multifamily Mixed Use, suitable for various projects.; Sewer and water are already at the site.
(810) 599-5147 Call to check price and availability
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