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: 4/23/2018

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
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
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.