East Lansing Professional Office Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30168741
Property Subtypes: Office
Gross Land Area: 0.49 Acres
Sale Price: $750,000
Unit Price: $1,530,612 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 2/21/2018

Overview / Comments

1525 Watertower Place, the final and most impressive parcel in the Watertower Place Development. Looked at Coolidge Rd and Watertower Place, the property is shovel ready with all utilities in place and thousands of dollars of site improvements completed. The site is available to purchase, can be built to suit, built for a turn key lease or other option. Approvals for 16,000-22,000 Sq Ft of office are in place and the property could lend itself to underground parking or walk out lower level.

The Coolidge Road area is one of the East Lansing areas most sought after office locations. From lodging to restaurants and shopping, no other location in the Lansing area has so much to offer in a single site.

This final parcel is at the entry to the development and visible from Coolidge Rd.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-20-01-02-226-107
Legal Description: Unit #7 Watertower Place office condominium
Largest Nearby Street: Coolidge
Highway Access: US 127 / I-69

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,252 92,375 180,518
Median Age: 30.78 29.67 32.99
Households: 3,870 34,246 71,840
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