4 Plus Acres - Downtown!

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29895454
Property Subtypes: Multi-Family, Office
Status: Pending
Gross Land Area: 4.40 - 4.50 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2017

Overview / Comments

4.5 (+/-) acres of vacant land just steps from the Capitol. There have already been over $400,000. of improvements to the property including: * An environmental study, * Clearing the land of unwanted structures and buildings, *Site study for development purposes * Studies, recommendations, and approvals from the City Of Lansing for development of the land *

there are over $1,000,000.00 in tax credits available for this property. They will be transferred are transferable to the new purchaser. But time is running out. Tax credits will expire 2018.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-17-279-003
Zoning: N/A
Property Visibility: Excellent
Highway Access: Great access to I-496
Site Description: Vacant Land
Area Description: Downtown - walking distance to The Capitol, LCC, City Hall, Cooley Law, and downtown business distrct
Zoning Description: Development for mixed use
Topography: Level
Available Utilities: Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,792 97,450 197,611
Median Age: 31.68 34.61 33.24
Households: 6,648 41,981 80,080
© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. 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.