10 Acres Chandler Rd Near Chandler Crossings

Vacant Land for Sale
Also listed as Industrial
Catylist Listing ID: 30148530
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 10 Acres
Sale Price: $850,000
Unit Price: $85,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

10 Acres, City of East Lansing with 400 Feet of frontage on Chandler Rd, directly across from Chandler Crossings. This parcel is currently zoned for office industrial use but is surrounded by multifamily development and could be an ideal student housing development.

Property currently has a 4,050 Sq Ft Office Warehouse on it.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of East Lansing
Tax ID/APN: Multiple
Zoning: OFFICE INDUSTRIAL PARK - OIP
Property Visibility: Excellent
Legal Description: 19-20-10-31-300-020 BEG W LN SEC 31 T5NR1W AT A PT 800' S OF W 1/4 COR SAID SEC, TH E 400' TH N 200' TH E 689' TH S 400' TH W 1089' TH N 200' TO POB. 8.2 acres and 19-20-10-31-300-015 S 200' OF N 800' OF W 400' OF SW FRL 1/4 SEC 31 T5N R1W 1.8 acres
Largest Nearby Street: Chandler Rd
Feet of Frontage: 400
Lot Frontage: 400
Lot Depth: 1089
Zoning Description: The purpose of this district is to permit a specialized range of uses which will strengthen the local economy by expanding job opportunities and diversifying the city's tax base in a manner which is consistent with the overall character of the city and compatible with surrounding uses and facilities. The district is intended to accommodate larger office buildings and complexes, scientific and applied research facilities, and uses dedicated to the development and application of innovative technology, production techniques and products, as well as commercial recreational facilities. The nature, scale, and function of such uses will be limited and regulated to ensure that they pose no significant or unusual risk to the public health, safety, and welfare, generate a minimum of noise, heat, glare, odor, dust, vibration, heavy truck traffic or other nuisances; emit no harmful radiation or pollution of the air, water, or ground; and pose a minimum of traffic, fire, or other safety hazards. The location of such uses will be limited to areas which are highly visible and accessible from major transportation facilities. The design and development of land and facilities in this district will be regulated to create a low density, well planned, park-like environment with architecturally attractive buildings and structures, large, well landscaped yard areas and vistas, and screened parking, access, and storage facilities. To achieve these objectives, the district requires the integrated planning of large tracts of land while permitting phased development to minimize disruptions and instability for existing residents.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,365 64,068 156,073
Median Age: 24.83 32.92 32.46
Households: 3,355 27,700 61,600

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