0 Joy Rd Ann Arbor, MI 48105
This exceptional 37-acre parcel presents a unique opportunity for residential development. Situated in desirable Webster and Scio Townships, this property boasts a prime location within the highly-rated Dexter School District. The land is conveniently located between The Preserve of Dexter and Loch Alpine subdivisions, offering easy access to established communities. Enjoy proximity to outdoor recreation with nearby Delhi Metro Park and the Border to Border Trail. Commuting is a breeze, with Downtown Dexter and Ann Arbor just minutes away. The property features 726 feet of road frontage and a depth of 1,575 feet, providing ample space for various development plans. This offering includes three separate parcels (C-03-34-400-09, C-03-34-400-020, H-08-03-100-001) totaling 37 acres. A comprehensive survey, including topographical and soil information, is readily available, streamlining the planning process. Existing infrastructure includes a well and septic system, further enhancing the development potential. The property is zoned R-1 (Rural Residential District), offering flexibility for various residential projects. This is a rare opportunity to acquire a substantial land holding in a highly sought-after area. The asking price is $1,250,000. Contact us today to learn more.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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