former discount tire - Landmark Commercial Real Estate Services

FORMER DISCOUNT TIRE
1021 E MICHIGAN AVE
YPSILANTI MI
WASHTENAW COUNTY
Type: Sale
PROPERTY TYPE:
DATE AVAILABLE:
SALES PRICE:
PROPERTY TAXES:
BUILDING SIZE:
ZONING:
IMPROVEMENTS:
TRAFFIC COUNT:
CONTACT:
DESCRIPTION:
Freestanding
The former Discount Tire is located on the north side
of Michigan Avenue between Ecorse Rd and Ford
Blvd in the city of Ypsilanti. This 7,300 SF, five-bay
$600,000
facility is in a strong retail/shopping district that
includes a variety of national chains including, but
2012: $11,909.27
not limited to, O’Reilly Auto Parts (adjacent), Taco
Bell, Dollar General, Advance Auto Parts, CVS,
50’ x 146’
Walgreens, Burger King and many others. The site is
in a densely populated trade area with over 12,000
B-3
people in one mile and 65,600 people in three miles.
Five-bay automotive service The average daily traffic count is over 16,000 cars
building with finished sales
per day on this five-lane road. This former Discount
office
Tire is in perfect condition and is ideal for an
Michigan Ave east of Prospect automotive or retail use that seeks to take
advantage of great visibility, traffic and density in a
Rd = 16,000 (2011)
strong middle-class trade area.
Michael Lippitt
Bruce Simon
1 Mile
3 Mile
5 Mile
7 Mile
(248) 488-2620 Radius:
Immediately
Pop. Density:
Avg. HH
Income:
12,054
65,640
119,328
197,437
$42,453
$49,762
$59,722
$73,682
LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no
guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the
current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.
LOCATION MAP
0 mi
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FULL PROFILE
2000-2010 Census, 2014 Estimates with 2019 Projections
Calculated using Proportional Block Groups
Lat/Lon: 42.2439/-83.5919
RF1
1021 E Michigan Ave
1 mi radius
3 mi radius
5 mi radius
7 mi radius
61,036
60,818
61,358
65,318
-0.1%
-0.5%
115,542
115,182
116,052
105,686
-0.1%
0.7%
192,854
192,373
193,382
174,656
0.7%
HOUSEHOLDS
2014 Estimated Households
2019 Projected Households
2010 Census Households
2000 Census Households
Projected Annual Growth 2014 to 2019
Historical Annual Growth 2000 to 2014
4,531
4,685
4,421
4,901
0.7%
-0.5%
25,777
26,640
25,148
25,860
0.7%
-
48,484
50,018
47,297
43,014
0.6%
0.9%
80,145
82,489
78,166
70,123
0.6%
1.0%
2014 Est. Population Under 10 Years
2014 Est. Population 10 to 19 Years
2014 Est. Population 20 to 29 Years
2014 Est. Population 30 to 44 Years
2014 Est. Population 45 to 59 Years
2014 Est. Population 60 to 74 Years
2014 Est. Population 75 Years or Over
2014 Est. Median Age
13.1%
10.9%
15.4%
22.1%
20.1%
12.6%
5.9%
35.8
12.1%
14.3%
20.9%
19.3%
17.0%
11.7%
4.6%
33.1
13.0%
13.3%
19.6%
21.0%
17.7%
11.2%
4.1%
33.5
12.9%
12.9%
17.4%
21.2%
19.1%
12.2%
4.4%
35.2
2014 Est. Male Population
2014 Est. Female Population
48.9%
51.1%
48.3%
51.7%
48.6%
51.4%
48.6%
51.4%
2014 Est. Never Married
2014 Est. Now Married
2014 Est. Separated or Divorced
2014 Est. Widowed
40.7%
35.4%
17.3%
6.5%
45.8%
32.5%
16.7%
5.0%
41.5%
38.1%
15.8%
4.6%
37.3%
43.0%
15.1%
4.6%
0.6%
1.9%
8.4%
11.3%
18.5%
16.1%
15.4%
12.9%
14.9%
$48,284
$41,889
$21,152
1.7%
3.0%
9.8%
10.7%
17.2%
15.7%
12.9%
13.3%
15.8%
$53,695
$45,839
$22,958
3.4%
4.7%
12.4%
11.5%
17.0%
14.3%
11.6%
12.2%
12.9%
$64,747
$54,777
$27,379
5.5%
6.5%
13.4%
12.0%
17.4%
13.6%
10.5%
10.4%
10.8%
$76,350
$63,130
$31,878
495
4,123
2,031
17,225
4,027
38,229
7,570
78,069
INCOME
2014 Est. HH Income $200,000 or More
2014 Est. HH Income $150,000 to $199,999
2014 Est. HH Income $100,000 to $149,999
2014 Est. HH Income $75,000 to $99,999
2014 Est. HH Income $50,000 to $74,999
2014 Est. HH Income $35,000 to $49,999
2014 Est. HH Income $25,000 to $34,999
2014 Est. HH Income $15,000 to $24,999
2014 Est. HH Income Under $15,000
2014 Est. Average Household Income
2014 Est. Median Household Income
2014 Est. Per Capita Income
2014 Est. Total Businesses
2014 Est. Total Employees
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 1 of 3
Demographic Source: Applied Geographic Solutions 08/2014, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
POPULATION
10,398
10,357
10,462
11,776
-0.1%
-0.8%
MARITAL STATUS
& GENDER
2014 Estimated Population
2019 Projected Population
2010 Census Population
2000 Census Population
Projected Annual Growth 2014 to 2019
Historical Annual Growth 2000 to 2014
AGE
Ypsilanti, MI 48198
FULL PROFILE
2000-2010 Census, 2014 Estimates with 2019 Projections
Calculated using Proportional Block Groups
Lat/Lon: 42.2439/-83.5919
RF1
1021 E Michigan Ave
1 mi radius
3 mi radius
5 mi radius
7 mi radius
63.8%
22.5%
8.0%
0.4%
5.3%
2014 Est. Hispanic Population
2014 Est. Hispanic Population
2019 Proj. Hispanic Population
2010 Hispanic Population
612
5.9%
6.3%
5.4%
2,906
4.8%
5.1%
4.4%
6,164
5.3%
5.7%
4.9%
9,240
4.8%
5.1%
4.4%
2014 Est. Adult Population (25 Years or Over)
2014 Est. Elementary (Grade Level 0 to 8)
2014 Est. Some High School (Grade Level 9 to 11)
2014 Est. High School Graduate
2014 Est. Some College
2014 Est. Associate Degree Only
2014 Est. Bachelor Degree Only
2014 Est. Graduate Degree
7,054
5.4%
10.9%
26.6%
27.6%
6.8%
14.9%
7.7%
37,299
3.4%
8.8%
23.7%
26.7%
8.3%
17.9%
11.2%
72,619
2.9%
6.9%
20.9%
24.8%
8.6%
20.6%
15.2%
125,479
2.6%
5.8%
19.4%
22.5%
7.8%
21.8%
20.1%
2014 Est. Total Housing Units
2014 Est. Owner-Occupied
2014 Est. Renter-Occupied
2014 Est. Vacant Housing
5,033
50.2%
39.8%
10.0%
28,332
46.6%
44.4%
9.0%
52,085
51.2%
41.9%
6.9%
85,346
57.1%
36.8%
6.1%
2010 Homes Built 2005 or later
2010 Homes Built 2000 to 2004
2010 Homes Built 1990 to 1999
2010 Homes Built 1980 to 1989
2010 Homes Built 1970 to 1979
2010 Homes Built 1960 to 1969
2010 Homes Built 1950 to 1959
2010 Homes Built Before 1949
1.3%
2.7%
5.0%
6.1%
14.6%
16.2%
25.7%
28.5%
2.9%
5.4%
8.4%
10.3%
20.2%
14.7%
17.5%
20.6%
5.0%
10.4%
12.9%
10.9%
19.7%
12.5%
13.1%
15.5%
5.3%
10.8%
15.6%
10.9%
18.0%
12.7%
12.1%
14.6%
2010 Home Value $1,000,000 or More
2010 Home Value $500,000 to $999,999
2010 Home Value $400,000 to $499,999
2010 Home Value $300,000 to $399,999
2010 Home Value $200,000 to $299,999
2010 Home Value $150,000 to $199,999
2010 Home Value $100,000 to $149,999
2010 Home Value $50,000 to $99,999
2010 Home Value $25,000 to $49,999
2010 Home Value Under $25,000
2010 Median Home Value
2010 Median Rent
0.4%
1.0%
0.7%
2.3%
6.5%
20.4%
32.1%
25.6%
4.9%
6.0%
$118,902
$622
0.4%
1.7%
0.9%
3.3%
9.5%
22.1%
27.8%
23.1%
5.1%
6.1%
$127,418
$639
0.5%
2.1%
1.7%
5.5%
15.6%
20.6%
21.7%
19.1%
5.6%
7.5%
$143,110
$679
0.8%
3.0%
2.7%
7.7%
17.2%
18.2%
18.8%
17.9%
6.2%
7.6%
$153,845
$719
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 2 of 3
Demographic Source: Applied Geographic Solutions 08/2014, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
RACE
59.5%
28.8%
5.3%
0.4%
6.1%
HOUSING
HISPANIC
56.8%
34.5%
2.4%
0.5%
5.8%
HOMES BUILT BY YEAR
2014 Est. White
2014 Est. Black
2014 Est. Asian or Pacific Islander
2014 Est. American Indian or Alaska Native
2014 Est. Other Races
EDUCATION
(Adults 25 or Older)
69.5%
22.1%
1.4%
0.5%
6.5%
HOME VALUES
Ypsilanti, MI 48198
FULL PROFILE
2000-2010 Census, 2014 Estimates with 2019 Projections
Calculated using Proportional Block Groups
Lat/Lon: 42.2439/-83.5919
RF1
1021 E Michigan Ave
3 mi radius
5 mi radius
7 mi radius
LABOR FORCE
8,233
58.3%
5.6%
36.1%
48.5%
51.5%
46,925
60.8%
5.3%
33.8%
47.4%
52.6%
89,539
63.1%
4.9%
32.0%
47.8%
52.2%
150,533
63.4%
4.2%
0.1%
32.4%
47.8%
52.2%
OCCUPATION
2010 Occupation: Population Age 16 Years or Over
2010 Mgmt, Business, & Financial Operations
2010 Professional, Related
2010 Service
2010 Sales, Office
2010 Farming, Fishing, Forestry
2010 Construction, Extraction, Maintenance
2010 Production, Transport, Material Moving
2010 White Collar Workers
2010 Blue Collar Workers
4,579
6.9%
21.2%
22.6%
27.7%
0.2%
7.4%
14.1%
55.8%
44.2%
27,665
10.0%
23.1%
23.0%
26.6%
0.2%
5.4%
11.7%
59.7%
40.3%
54,211
12.3%
25.8%
20.8%
25.1%
0.2%
4.9%
10.9%
63.3%
36.7%
91,548
13.7%
28.8%
18.5%
23.5%
0.2%
4.6%
10.7%
66.0%
34.0%
2010 Drive to Work Alone
2010 Drive to Work in Carpool
2010 Travel to Work by Public Transportation
2010 Drive to Work on Motorcycle
2010 Walk or Bicycle to Work
2010 Other Means
2010 Work at Home
81.9%
10.7%
2.3%
2.3%
0.5%
2.4%
79.6%
9.4%
2.4%
0.1%
4.7%
0.6%
3.2%
81.2%
9.4%
2.3%
0.1%
3.0%
0.6%
3.5%
81.3%
8.7%
2.9%
0.1%
2.8%
0.5%
3.8%
TRAVEL TIME
2010 Travel to Work in 14 Minutes or Less
2010 Travel to Work in 15 to 29 Minutes
2010 Travel to Work in 30 to 59 Minutes
2010 Travel to Work in 60 Minutes or More
2010 Average Travel Time to Work
24.8%
46.4%
24.8%
3.9%
21.1
26.9%
45.0%
23.5%
4.6%
20.0
24.6%
43.6%
26.9%
4.9%
21.4
24.3%
42.9%
27.9%
4.9%
21.7
CONSUMER EXPENDITURE
2014 Est. Total Household Expenditure
2014 Est. Apparel
2014 Est. Contributions, Gifts
2014 Est. Education, Reading
2014 Est. Entertainment
2014 Est. Food, Beverages, Tobacco
2014 Est. Furnishings, Equipment
2014 Est. Health Care, Insurance
2014 Est. Household Operations, Shelter, Utilities
2014 Est. Miscellaneous Expenses
2014 Est. Personal Care
2014 Est. Transportation
$193 M
$9.22 M
$11.5 M
$4.91 M
$10.7 M
$31.7 M
$8.20 M
$14.2 M
$57.7 M
$3.32 M
$2.83 M
$39.0 M
$1.17 B
$56.2 M
$72.3 M
$31.5 M
$65.1 M
$191 M
$50.3 M
$85.5 M
$351 M
$20.0 M
$17.1 M
$235 M
$2.50 B
$120 M
$162 M
$70.2 M
$140 M
$399 M
$109 M
$178 M
$748 M
$41.8 M
$36.3 M
$496 M
$4.63 B
$223 M
$314 M
$135 M
$260 M
$727 M
$206 M
$325 M
$1.39 B
$76.1 M
$66.8 M
$908 M
TRANSPORTATION
TO WORK
2014 Est. Labor Population Age 16 Years or Over
2014 Est. Civilian Employed
2014 Est. Civilian Unemployed
2014 Est. in Armed Forces
2014 Est. not in Labor Force
2014 Labor Force Males
2014 Labor Force Females
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 3 of 3
Demographic Source: Applied Geographic Solutions 08/2014, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
1 mi radius
Ypsilanti, MI 48198