Development

The property tax base is divided into five different areas: agricultural, commercial, industrial, residential, and other. Most of Washtenaw County's tax base comes from the residential sector. The County Total State Equalized value for 2000 was $10,951,329,363.

Development Pie Chart

Percent Change 1995 - 2005
Commercial 128%
Agricultural 117%
Residential 200%

The county's equalization report is essentially a mass appraisal of all property within the Washtenaw County jurisdiction for the purpose of equalizing values to assure that each taxpayer is bearing a fair share of the tax load. This graph is also indicates that, exponentially year by year, more people have moved their businesses and living arrangements into Washtenaw County to take advantage of the welcoming quality of life offered in Washtenaw County.

Source: Washtenaw County Equalization, http://www.ewashtenaw.org/government/departments/equalization/eq_98eql.html

Authorized New Dwellings in Washtenaw County

	Single Family	Multi-Family	Total Units
2000	1,725	80	2,059
2001	1,734	287	2,389
2002	1,842	120	2,415
2003	1,966	86	2,633
2004	1,782	519	2,820
2005	1,010	24	1,407

Source: SEMCOG, http://semcog.org/cgi-bin/comprof/profiles.cfm

Lease Rates per square foot (all NNN)

Class A Office	$18-$25
Class B Office	$10-$16
Light Industrial	$5-$11
Bio Lab Space	$18-$30

Land Availability

Properly zoned acreage is available between one and 1,000 acres, and located in or near industrial and research parks. Most sites have all utilities, including telecommunications. Rail sites are available. The 1,000 acre parcel has not been developed and will require public water and sewer. Zoning is available for light industrial, research/technology/manufacturing, heavy industrial, research, office, flex.