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2041 Parkwood Ave
Ypsilanti, MI 48198

Land For Sale · 4.90 AC

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Investment Highlights

4.9 Acre Site in Ypsilanti Township - 84,700+ Population within 4 Mile Radius
Under Supplied Market for Storage - 227,000 Sq Ft of DEMAND within a 4 Mile Radius
Storage is a Special Land Use & Recent Zoning Changes Create an EXTREMELY High Barrier to Entry

Can Build Up to 130,000 NSF - Mixture of Indoor Climate Control & Drive Up
$22.90 / Sq Ft Average Rental Rates in Area
Special Land Use Application Submitted Prior to Zoning Change & Confirmed On-File w/ Township

Executive Summary

4.9 Acres of Vacant Land for Self Storage Development.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Self Storage
No. Lots	1	Total Lot Size	4.90 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Self Storage
Total Lot Size	4.90 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£665,083	Lot Size	4.90 AC
Price Per AC	£135,731

Price	£665,083
Price Per AC	£135,731
Lot Size	4.90 AC

4.9 Acres of Vacant Land for Self Storage Development. Special Land Use Application Submitted Prior to IT Zoning Changes that Removed Storage from Use.

PROPERTY TAXES

Parcel Number	11-11-100-008	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£99,841

PROPERTY TAXES

Parcel Number

11-11-100-008

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£99,841

zoning

Zoning Code	BI
BI

Listing ID: 33663220
Date on Market: 28/10/2024
Last Updated:
Address: 2041 Parkwood Ave, Ypsilanti, MI 48198

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