Pinnacle Race Course

Vacant Land for Sale
Catylist Listing ID: 28708249
Gross Land Area: 320 Acres
Sale Price: $8,000,000
Unit Price: $25,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2017

Overview / Comments

Over 300 acres available with all utilities and detention. One half mile to I-275/Sibley Road exit. Site improvements (Built 2008) include a state of the art one mile horse racing track, 15 horse stables and massive paved parking. Minutes to Detroit Metropolitan Airport, midway between Detroit and Toledo.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $160,541 (Annual)
Finance Data Year 2014
Assessed Value - Total($) $208,395 (Annual)
Finance Data Year 2012
Assessed Value - Total($) $644,279 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Airport District
Tax ID/APN: 75-013-99-0001-705
Zoning: SPECIAL USE
Property Located Between: Pennsylvania & Sibley Roads
Side of Street: West
Largest Nearby Street: Sibley/Vining & Wahrman
Traffic/Vehicle Count: 16,900
Available Utilities: Water, Gas, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,160 17,801 74,425
Median Age: 33.04 38.22 36.93
Households: 399 6,582 28,076
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