21238 Woodruff

Vacant Land for Sale
Catylist Listing ID: 30020760
Property Subtypes: Residential (Single Family)
Gross Land Area: 40 Acres
Sale Price: $650,000
Unit Price: $16,250 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2017

Overview / Comments

Site is level and at street grade with minimal obstructions and ready for development.

Newer homes, built after 2014 in this area are currently being sold at an average and median of $135 to $142 per square foot. New home sold prices ranging from $224,000 to $375,000. Median cumulative days on market 76.

Existing scenic bike/walking path in place along Woodruff Rd which connects to the Lake Erie Metro Park, golf course and wild life refuge. The Property is located 1 mile from Lake Erie & Lake Erie Metro Parks, Marina, Detroit River International Wildlife Refuge, Golf Course. Newer commercial shopping center district on Gibraltar Rd, 1 mile north includes Kroger, and all supporting retail needs. Direct access to I-75 on Gibraltar Rd 1 mile north and Huron River Drive 1 mile south. Award winning Gibraltar High School & Middle School located on Woodruff Rd one mile east.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Downriver South
Tax ID/APN: 70128790003000/70128990001001
Zoning: RESIDENTIAL
Site Description: Property is adjacent to rail, with I-75 visibility.
Part of Planned Development?: Yes
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,924 43,932 88,977
Median Age: 39.32 38.99 40.95
Households: 1,106 16,895 34,924
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