5.75 AC Outlot on W Ellsworth Rd.

375-377 West Ellsworth Road Ann Arbor, MI 48108

375-377 West Ellsworth Road, Ann Arbor, MI, 48108
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$3,750,000
Last Verified:
Mar 04, 2024

Highlights

  • Approximately 5.75 AC Outlot of Prime Land
  • Approximately 3.5 Mile to Downtown Ann Arbor
  • 1,200 Feet East of Costco & Adjacent to Speedway

Description

5.75 AC Outlot on W Ellsworth Rd.

W Ellsworth Rd. and State St.

Lot Size: 5.75 acres


Documents

375-377 W Ellsworth Rd Flyer 2023

Map of 375-377 West Ellsworth Road, Ann Arbor, MI, 48108

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.