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Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona,...

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39436 Ecorse Rd., Van Buren Twp., MI Vacant Land For Sale Disclosure: We obtained this information from sources we believe to be reliable; however, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property or business. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Summary: 1.91 Acre Site - half-mile east of I-275 Asking: $395,000 Locations Commercial Real Estate Services 32000 Northwestern Highway, Ste. 275 Farmington Hills, MI 48334 248-516-7777 www.LocationsMI.com Contacts: Harry Dikho Direct: 248-939-9976 [email protected] Paul Bensman Direct: 248-939-9973 [email protected] Northwest corner of Ecorse Rd. & Hannan Rd.
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Page 1: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd., Van Buren Twp., MI

Vacant Land For Sale

Disclosure: We obtained this information from sources we believe to be reliable; however, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property or business. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Summary:• 1.91 Acre Site - half-mile east of I-275

• Asking: $395,000

Locations Commercial Real Estate Services32000 Northwestern Highway, Ste. 275Farmington Hills, MI 48334248-516-7777 • www.LocationsMI.com

Contacts: Harry DikhoDirect: [email protected]

Paul BensmanDirect: [email protected]

• Northwest corner of Ecorse Rd. & Hannan Rd.

Page 2: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren Twp., MI

Details:

• Retail-Pad

• 1.91 Acres

• Traffic Count: 18k VPD

• Current Zoning: AG -Agricultural and Estates

• Next to Woodlands of Van Buren Golf Course

• Asking Price: $395,000

• Price/Acre: $206,000

• Terms: Cash To Seller

Page 3: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren TWP., MI

Aerial:

Page 4: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren TWP., MI

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.2495/-83.4251RF5

1 mi radius 3 mi radius 5 mi radius

PopulationEstimated Population (2017) 2,461 34,807 123,766Projected Population (2022) 2,332 33,056 118,369Census Population (2010) 2,535 35,929 127,795Census Population (2000) 2,297 32,544 119,925Projected Annual Growth (2017 to 2022) -129 -1.0% -1,751 -1.0% -5,397 -0.9%

Historical Annual Growth (2010 to 2017) -74 -0.4% -1,122 -0.4% -4,029 -0.5%

Historical Annual Growth (2000 to 2010) 238 1.0% 3,385 1.0% 7,870 0.7%

Estimated Population Density (2017) 784 psm 1,232 psm 1,576 psm

Trade Area Size 3.14 sq mi 28.26 sq mi 78.51 sq mi

HouseholdsEstimated Households (2017) 927 14,332 50,273Projected Households (2022) 903 13,931 49,255Census Households (2010) 920 14,201 49,892Census Households (2000) 798 13,021 46,029Estimated Households with Children (2017) 364 39.3% 4,682 32.7% 16,521 32.9%

Estimated Average Household Size (2017) 2.62 2.41 2.44

Average Household IncomeEstimated Average Household Income (2017) $47,942 $61,729 $69,773Projected Average Household Income (2022) $56,608 $73,991 $85,147

Estimated Average Family Income (2017) $52,180 $72,278 $81,394

Median Household IncomeEstimated Median Household Income (2017) $46,700 $53,119 $59,750Projected Median Household Income (2022) $53,661 $63,280 $71,064

Estimated Median Family Income (2017) $59,010 $65,506 $73,581

Per Capita IncomeEstimated Per Capita Income (2017) $18,215 $25,489 $28,405Projected Per Capita Income (2022) $22,084 $31,259 $35,497Estimated Per Capita Income 5 Year Growth $3,868 21.2% $5,770 22.6% $7,092 25.0%

Estimated Average Household Net Worth (2017) $195,608 $359,778 $433,063

Daytime Demos (2017)Total Businesses 63 1,117 3,853Total Employees 3,486 20,958 57,259Company Headquarter Businesses 2 3.1% 10 0.9% 21 0.6%

Company Headquarter Employees 1,447 41.5% 3,488 16.6% 4,891 8.5%

Employee Population per Business 55.2 18.8 14.9Residential Population per Business 39.0 31.2 32.1

Page 5: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren Twp., MI

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 2 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.2495/-83.4251RF5

1 mi radius 3 mi radius 5 mi radius

Race & EthnicityWhite (2017) 1,459 59.3% 20,459 58.8% 80,602 65.1%Black or African American (2017) 824 33.5% 11,363 32.6% 28,377 22.9%American Indian or Alaska Native (2017) 12 0.5% 193 0.6% 534 0.4%Asian (2017) 24 1.0% 1,149 3.3% 9,047 7.3%Hawaiian or Pacific Islander (2017) 4 0.2% 15 - 32 - Other Race (2017) 27 1.1% 368 1.1% 1,277 1.0%Two or More Races (2017) 112 4.5% 1,259 3.6% 3,898 3.1%

Not Hispanic or Latino Population (2017) 2,379 96.7% 33,505 96.3% 118,949 96.1%Hispanic or Latino Population (2017) 82 3.3% 1,302 3.7% 4,817 3.9%Not Hispanic or Latino Population (2022) 2,238 96.0% 31,562 95.5% 112,856 95.3%Hispanic or Latino Population (2022) 94 4.0% 1,494 4.5% 5,513 4.7%Not Hispanic or Latino Population (2010) 2,466 97.3% 34,795 96.8% 123,501 96.6%Hispanic or Latino Population (2010) 69 2.7% 1,134 3.2% 4,294 3.4%Not Hispanic or Latino Population (2000) 2,262 98.4% 31,876 97.9% 117,282 97.8%Hispanic or Latino Population (2000) 36 1.6% 668 2.1% 2,643 2.2%Projected Hispanic Annual Growth (2017 to 2022) 12 3.0% 192 2.9% 697 2.9%Historic Hispanic Annual Growth (2000 to 2017) 46 7.6% 634 5.6% 2,174 4.8%

Age Distribution (2017)Age Under 5 172 7.0% 2,442 7.0% 8,413 6.8%Age 5 to 9 Years 182 7.4% 2,375 6.8% 8,356 6.8%Age 10 to 14 Years 176 7.1% 2,266 6.5% 8,322 6.7%Age 15 to 19 Years 164 6.7% 2,237 6.4% 7,771 6.3%Age 20 to 24 Years 141 5.7% 2,362 6.8% 8,015 6.5%Age 25 to 29 Years 183 7.5% 2,683 7.7% 9,131 7.4%Age 30 to 34 Years 181 7.4% 2,470 7.1% 8,812 7.1%Age 35 to 39 Years 181 7.4% 2,375 6.8% 8,441 6.8%Age 40 to 44 Years 177 7.2% 2,326 6.7% 8,424 6.8%Age 45 to 49 Years 159 6.5% 2,238 6.4% 8,377 6.8%Age 50 to 54 Years 173 7.0% 2,384 6.8% 8,391 6.8%Age 55 to 59 Years 175 7.1% 2,369 6.8% 8,452 6.8%Age 60 to 64 Years 153 6.2% 2,183 6.3% 7,762 6.3%Age 65 to 74 Years 168 6.8% 2,702 7.8% 9,654 7.8%Age 75 to 84 Years 49 2.0% 958 2.8% 3,733 3.0%Age 85 Years or Over 25 1.0% 437 1.3% 1,711 1.4%Median Age 34.9 35.6 36.1

Gender Age Distribution (2017)Female Population 1,278 51.9% 17,930 51.5% 63,662 51.4%

Age 0 to 19 Years 326 25.5% 4,500 25.1% 15,884 25.0%Age 20 to 64 Years 816 63.8% 11,125 62.0% 39,171 61.5%Age 65 Years or Over 136 10.6% 2,305 12.9% 8,607 13.5%

Female Median Age 35.9 36.7 37.2

Male Population 1,183 48.1% 16,877 48.5% 60,104 48.6%Age 0 to 19 Years 368 31.1% 4,820 28.6% 16,978 28.2%Age 20 to 64 Years 709 59.9% 10,266 60.8% 36,636 61.0%Age 65 Years or Over 106 9.0% 1,792 10.6% 6,490 10.8%

Male Median Age 33.6 34.3 35.0

Page 6: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren Twp., MI

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 3 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.2495/-83.4251RF5

1 mi radius 3 mi radius 5 mi radius

Household Income Distribution (2017)HH Income $200,000 or More 1 0.1% 285 2.0% 1,558 3.1%HH Income $150,000 to $199,999 2 0.2% 616 4.3% 2,732 5.4%HH Income $100,000 to $149,999 75 8.1% 1,651 11.5% 7,111 14.1%HH Income $75,000 to $99,999 149 16.1% 1,736 12.1% 6,741 13.4%HH Income $50,000 to $74,999 214 23.1% 2,889 20.2% 9,632 19.2%HH Income $35,000 to $49,999 116 12.5% 2,359 16.5% 6,927 13.8%HH Income $25,000 to $34,999 114 12.2% 1,444 10.1% 4,838 9.6%HH Income $15,000 to $24,999 84 9.1% 1,440 10.1% 4,846 9.6%HH Income Under $15,000 173 18.6% 1,911 13.3% 5,886 11.7%

HH Income $35,000 or More 557 60.0% 9,536 66.5% 34,703 69.0%HH Income $75,000 or More 227 24.4% 4,288 29.9% 18,143 36.1%

Housing (2017)Total Housing Units 1,001 15,749 54,510Housing Units Occupied 927 92.7% 14,332 91.0% 50,273 92.2%

Housing Units Owner-Occupied 838 90.3% 8,924 62.3% 33,856 67.3%Housing Units, Renter-Occupied 90 9.7% 5,408 37.7% 16,418 32.7%

Housing Units, Vacant 74 7.3% 1,418 9.0% 4,237 7.8%

Marital Status (2017)Never Married 822 42.6% 10,950 39.5% 34,581 35.0%Currently Married 576 29.9% 10,553 38.1% 41,472 42.0%Separated 24 1.2% 910 3.3% 3,438 3.5%Widowed 189 9.8% 1,531 5.5% 5,815 5.9%Divorced 319 16.5% 3,780 13.6% 13,369 13.5%

Household Type (2017)Population Family 2,083 84.6% 27,986 80.4% 101,409 81.9%Population Non-Family 350 14.2% 6,583 18.9% 21,491 17.4%Population Group Quarters 28 1.1% 238 0.7% 866 0.7%

Family Households 656 70.7% 8,917 62.2% 32,441 64.5%Non-Family Households 272 29.3% 5,415 37.8% 17,832 35.5%Married Couple with Children 205 35.6% 2,495 23.6% 9,909 23.9%Average Family Household Size 3.2 3.1 3.1

Household Size (2017)1 Person Households 219 23.6% 4,523 31.6% 14,896 29.6%2 Person Households 288 31.0% 4,380 30.6% 15,933 31.7%3 Person Households 171 18.5% 2,285 15.9% 8,086 16.1%4 Person Households 156 16.9% 1,813 12.6% 6,694 13.3%5 Person Households 63 6.8% 836 5.8% 2,958 5.9%6 or More Person Households 30 3.2% 495 3.5% 1,708 3.4%

Household Vehicles (2017)Households with 0 Vehicles Available 26 2.8% 1,247 8.7% 3,675 7.3%Households with 1 Vehicles Available 556 60.0% 5,424 37.8% 17,943 35.7%Households with 2 or More Vehicles Available 345 37.2% 7,661 53.5% 28,655 57.0%

Total Vehicles Available 1,398 23,662 86,602Average Vehicles Per Household 1.5 1.7 1.7

Page 7: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren Twp., MI

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 4 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.2495/-83.4251RF5

1 mi radius 3 mi radius 5 mi radius

Labor Force (2017)Estimated Labor Population Age 16 Years or Over 1,887 27,276 97,101Estimated Civilian Employed 1,044 55.3% 16,915 62.0% 60,707 62.5%Estimated Civilian Unemployed 79 4.2% 821 3.0% 2,647 2.7%Estimated in Armed Forces - - 5 - 55 0.1%Estimated Not in Labor Force 765 40.5% 9,535 35.0% 33,692 34.7%Unemployment Rate 4.2% 3.0% 2.7%

Occupation (2010)Occupation: Population Age 16 Years or Over 1,042 16,915 60,754Management, Business, Financial Operations 120 11.6% 2,071 12.2% 8,130 13.4%Professional, Related 123 11.8% 2,457 14.5% 11,637 19.2%Service 153 14.6% 3,188 18.9% 10,814 17.8%Sales, Office 303 29.1% 4,318 25.5% 14,434 23.8%Farming, Fishing, Forestry 1 0.1% 63 0.4% 129 0.2%Construct, Extraction, Maintenance 146 14.0% 1,160 6.9% 4,203 6.9%Production, Transport Material Moving 196 18.8% 3,656 21.6% 11,406 18.8%

White Collar Workers 547 52.5% 8,847 52.3% 34,202 56.3%Blue Collar Workers 495 47.5% 8,068 47.7% 26,552 43.7%

Consumer Expenditure (2017)Total Household Expenditure $39.4 M $721 M $2.74 B

Total Non-Retail Expenditure $21.3 M 54.0% $390 M 54.1% $1.49 B 54.2%Total Retail Expenditure $18.1 M 46.0% $331 M 45.9% $1.26 B 45.8%

Apparel $1.37 M 3.5% $25.0 M 3.5% $95.6 M 3.5%Contributions $1.46 M 3.7% $29.3 M 4.1% $116 M 4.2%Education $1.25 M 3.2% $25.1 M 3.5% $99.3 M 3.6%Entertainment $2.19 M 5.5% $40.1 M 5.6% $154 M 5.6%Food and Beverages $6.01 M 15.2% $107 M 14.9% $405 M 14.7%Furnishings and Equipment $1.31 M 3.3% $24.3 M 3.4% $94.1 M 3.4%Gifts $861 K 2.2% $17.0 M 2.4% $66.9 M 2.4%Health Care $3.32 M 8.4% $59.0 M 8.2% $221 M 8.0%Household Operations $1.03 M 2.6% $19.7 M 2.7% $77.3 M 2.8%Miscellaneous Expenses $596 K 1.5% $10.8 M 1.5% $40.7 M 1.5%Personal Care $517 K 1.3% $9.38 M 1.3% $35.7 M 1.3%Personal Insurance $259 K 0.7% $5.09 M 0.7% $20.0 M 0.7%Reading $86.3 K 0.2% $1.59 M 0.2% $6.08 M 0.2%Shelter $8.03 M 20.4% $148 M 20.6% $565 M 20.6%Tobacco $277 K 0.7% $4.71 M 0.7% $17.1 M 0.6%Transportation $7.74 M 19.6% $138 M 19.2% $523 M 19.1%Utilities $3.14 M 8.0% $55.6 M 7.7% $208 M 7.6%

Educational Attainment (2017)Adult Population Age 25 Years or Over 1,626 23,125 82,889Elementary (Grade Level 0 to 8) 73 4.5% 704 3.0% 2,534 3.1%Some High School (Grade Level 9 to 11) 256 15.7% 2,090 9.0% 6,389 7.7%High School Graduate 611 37.6% 7,417 32.1% 24,724 29.8%Some College 447 27.5% 6,468 28.0% 20,584 24.8%Associate Degree Only 105 6.5% 2,182 9.4% 8,024 9.7%Bachelor Degree Only 94 5.8% 2,991 12.9% 13,328 16.1%Graduate Degree 41 2.5% 1,274 5.5% 7,306 8.8%

Page 8: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren TWP., MI

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 5 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.2495/-83.4251RF5

1 mi radius 3 mi radius 5 mi radius

Units In Structure (2010)1 Detached Unit 621 67.5% 9,670 68.1% 35,700 71.6%1 Attached Unit 8 0.9% 788 5.5% 3,123 6.3%2 to 4 Units 17 1.9% 751 5.3% 2,474 5.0%5 to 9 Units 8 0.9% 724 5.1% 2,390 4.8%10 to 19 Units 3 0.3% 612 4.3% 1,661 3.3%20 to 49 Units 5 0.6% 341 2.4% 1,008 2.0%50 or More Units 11 1.2% 757 5.3% 2,505 5.0%Mobile Home or Trailer 253 27.5% 691 4.9% 1,444 2.9%Other Structure - - - - - -

Homes Built By Year (2010)Homes Built 2005 or later 26 2.8% 51 0.4% 124 0.2%Homes Built 2000 to 2004 182 19.8% 2,407 17.0% 6,831 13.7%Homes Built 1990 to 1999 508 55.2% 2,280 16.1% 8,537 17.1%Homes Built 1980 to 1989 39 4.2% 1,294 9.1% 3,898 7.8%Homes Built 1970 to 1979 11 1.2% 2,431 17.1% 9,746 19.5%Homes Built 1960 to 1969 53 5.8% 1,705 12.0% 6,041 12.1%Homes Built 1950 to 1959 35 3.8% 1,876 13.2% 7,716 15.5%Homes Built Before 1949 51 5.5% 2,106 14.8% 6,939 13.9%

Home Values (2010)Home Values $1,000,000 or More 1 0.1% 75 0.8% 166 0.5%Home Values $500,000 to $999,999 7 0.9% 95 1.1% 435 1.3%Home Values $400,000 to $499,999 5 0.6% 74 0.8% 403 1.2%Home Values $300,000 to $399,999 10 1.2% 163 1.8% 1,277 3.8%Home Values $200,000 to $299,999 20 2.4% 866 9.7% 4,941 14.6%Home Values $150,000 to $199,999 28 3.4% 1,247 13.9% 5,469 16.1%Home Values $100,000 to $149,999 131 15.7% 1,758 19.6% 6,505 19.2%Home Values $70,000 to $99,999 122 14.7% 1,567 17.5% 5,733 16.9%Home Values $50,000 to $69,999 47 5.6% 1,013 11.3% 3,450 10.2%Home Values $25,000 to $49,999 115 13.9% 924 10.3% 2,993 8.8%Home Values Under $25,000 350 42.1% 1,129 12.6% 2,473 7.3%Owner-Occupied Median Home Value $32,410 $97,683 $122,827Renter-Occupied Median Rent $795 $679 $711

Transportation To Work (2010)Drive to Work Alone 821 78.7% 12,432 83.1% 45,240 85.4%Drive to Work in Carpool 178 17.0% 1,432 9.6% 4,299 8.1%Travel to Work by Public Transportation 3 0.3% 170 1.1% 442 0.8%Drive to Work on Motorcycle - - 6 - 31 0.1%Walk or Bicycle to Work 4 0.4% 435 2.9% 1,009 1.9%Other Means 2 0.2% 115 0.8% 416 0.8%Work at Home 35 3.4% 375 2.5% 1,561 2.9%

Travel Time (2010)Travel to Work in 14 Minutes or Less 256 25.4% 4,050 27.8% 12,604 24.5%Travel to Work in 15 to 29 Minutes 297 29.5% 6,674 45.7% 23,680 46.0%Travel to Work in 30 to 59 Minutes 352 34.9% 5,008 34.3% 19,770 38.4%Travel to Work in 60 Minutes or More 100 9.9% 758 5.2% 2,902 5.6%Average Minutes Travel to Work 25.5 22.0 23.3

Page 9: Vacant Land For Sale - Locations · Van Buren Twp., MI ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 5 Demographic Source: Applied Geographic Solutions 04/2017, TIGER

39436 Ecorse Rd. Van Buren Twp., MI

Possible Proposed Bank – Site Plan


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