Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 29778253
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 34.63 Acres
Sale Price: $1,750,000
Unit Price: $50,534 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

Outstanding development parcels adjacent to retail, commercial, and office developments. Two parcels 1.63 acres and 33.0 acres.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-02-02-17-476-016
Area Description: Located midway between downtown East Lansing and the Meridian Mall regional shopping district, one block away from the new Whole Foods. Area retailers include Food's for Living, Playmakers Sporting Goods, Summit Sports, Macy's, JCPenney, Younker's, Dick's Sporting Goods, Target, Meijer, Home Depot, Marshall's, Dollar Tree, Rite Aid and many more. Area restaurants include Grand Traverse Pie, Leo's Spirits & Grub, Taco Bell, McDonald's, Sugar Berry, Olive Garden, Chili's, Old Chicago Pizza.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,800 79,627 144,094
Median Age: 30.29 31.13 32.47
Households: 4,218 28,796 56,028


Photograph of Listing Agent

Shawn H. O'Brien, CCIM

CBRE | Martin CPIX Member
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