52 Acres at the Junction of Lansing Rd / I-96

Vacant Land for Sale
Catylist Listing ID: 30290326
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 52 Acres
Sale Price: $3,900,000
Unit Price: $75,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

This key developmental parcel sits at the East bound on ramp to I-96 from Lansing Rd, Exit 98. The property is across the road from the State of Michigan Secondary Complex, just down the road from the General Motors Delta Plant and is just East of I-69, making it an ideal site for development with the need to access highway infrastructure. Meijer, FedEx, Magna and Biewer Lumber all have facilities near this location. Gas and electric are on site and water and sewer are located just to the East with appropriate capacity to support development.
Currently zoned R-1D, the township has expressed its interest in assisting to move forward a development of the parcel with a zoning change, and has one of the lowest tax rates in the area.
The parcel fronts both Billwood Hwy and Pats Drive, which leads out to Lansing Rd directly.

Attachments & Media

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: Windsor Towship / Eaton County
Tax ID/APN: mulitple
Zoning: R1-D
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,597 23,320 87,746
Median Age: 29.44 39.45 37.36
Households: 710 9,699 36,854

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