Ecorse Road

Vacant Land for Sale
Catylist Listing ID: 2010053
Property Subtypes: Retail, Other
Gross Land Area: 5 - 440 Acres
Sale Price: See Agent
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/24/2017

Overview / Comments

350 acres of industrial and 90 acres of commercial land. Outstanding development opportunity. Main road frontage on Beck, Ecorse and Belleville Roads. Less than 1 mile to Willow Run Airport and 5 miles to Detroit Metropolitan Airport. Located within the Wayne County Aerotropolis Development Area. Property tax abatement possible. Outside storage and rail are possible.
Pricing as follows:
Industrial Land 5-20 acres = $90,000 per acre. Industrual land 10 acres and above = 75,000 per acre. Retail Land out lots $ 250,000. Retail land 5-10 acres = $175,000 per acre. Retail land 10-20 acres = $150,00 per acre.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $85,268 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Wayne
Submarket/Township: Airport District
Tax ID/APN: 83-016-99-0001-707
Zoning: M-2, COMMERCIAL
Property Located Between: NWC of Belleville & Ecorse Roads
Largest Nearby Street: Belleville/Robinson & Ecorse Roads
Traffic/Vehicle Count: 18,000
Rail Access: Yes
Airports: Willow Run and Detroit Metro
Lot Frontage: 4,298
Lot Depth: 4,617
Available Utilities: Water, Gas, Storm Drain, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,528 42,343 150,587
Median Age: 37.6 36.11 36.11
Households: 1,079 17,473 57,728
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