5472 Michigan Ave Ypsilanti, MI 48197
- Commercial land
- 0.79 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5472 Michigan Ave
- Lot size
- 0.79 lot acres
- Property type
- Commercial land
- APN
- L -12-24-200-018
- APU
- L1224200018
Description
This exceptional 1.22-acre commercial land parcel, located at 5472 W Michigan Ave in Ypsilanti, Michigan, presents a unique investment opportunity. Situated on the northeast corner of Michigan Avenue (US-12) and Carpenter Road, this property boasts excellent visibility and accessibility. With 212 feet of frontage on Michigan Avenue and 100 feet on Carpenter Road, the site offers ample space for a variety of commercial developments. The property wraps around the Harvest Moon Restaurant, providing a strategic location within an established commercial area. The lot is flat, free of wetlands, and features readily available water and sewer connections. Existing curb cuts on both roads simplify access and development plans. A survey, topographic study, and soil borings are available for review, facilitating a streamlined development process. The property is zoned C-2, offering flexibility for various commercial uses. The APN is L-12-24-200-018. This is a rare opportunity to acquire a prime commercial site in a high-traffic area with all utilities in place, making it an attractive investment for developers and businesses alike. The asking price is $795,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ypsilanti
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.6783
- Latitude
- 42.2096
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA