Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30042256
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.42 Acres
Sale Price: $39,000
Unit Price: $92,857 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 4.0%
Last Updated: 11/17/2017

Overview / Comments

House currently being rented for $600.00. Tenant can stay, or go. Value is in the future of the land.

The property is zoned Business/Commercial which will allow for several different uses including, but not limited to:
* Most any kind of Retail
* Most all Office use
* Motel
* Restaurants
* Signs & Printing Shops
* Furniture Sales
* Public Facilities such as Churches or Theaters

Contact the agent for a full list of uses and restrictions.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: DeWitt Township
Tax ID/APN: 050-120-000-057-00
Zoning: BUSINESS/COMMERCIAL
Property Located Between: State Road & Stoll Rd.
Property Visibility: Excellent
Legal Description: Lot 57 Ballantines Wee Farms Sec 28 TR5NR2W Exc. E 17 Ft. To MSHD
Largest Nearby Street: Wee Farms Sec 28 TR5NR2W Exc. E 17 Ft. To MSHD
Feet of Frontage: 677
Highway Access: US 27 & I 69
Area Description: Old house and garage on +/_ 1/2 Acre
Lot Frontage: 67.75
Lot Depth: 273

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,518 53,956 159,421
Median Age: 41.49 34.37 32.92
Households: 1,090 23,007 61,947
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