Redevelopment Site I-96 and MLK Jr. Blvd

Vacant Land for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30137460
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 3.48 Acres
Sale Price: $675,000
Unit Price: $193,965 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2018

Overview / Comments

This site is at the off ramp of West Bound I-96, exit 101 at MLK Blvd in Lansing. The site includes 3 lots plus additional land included in the vacated Labelle St for more than 3 1/2 acres of land along I-96.
Exposure for the property is along I-96, S MLK Blvd and Edgewood Blvd for an unmatched property in the greater Lansing area.

The site is partially wooded and has frontage on both Edgewood Blvd and S MLK Blvd.

The possibilities are endless for this site.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing - Ingham County
Tax ID/APN: Multiple
Zoning: G-2 WHOLESALE
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,919 64,726 152,423
Median Age: 30.82 36.33 34.48
Households: 3,471 26,930 61,969

Contact

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