Catylist ID: #29925310
Federal Opportunity Zone Development Land Just North of I-96
Vacant Land for Sale
|Catylist Listing ID:||29925310|
|Gross Land Area:||0.81 - 3.06 Acres|
|Sale Terms:||Cash to Seller, Other|
Overview / Comments
This land sits at the corner of Pleasant Grove and S MLK Blvd at the first signalized corner North of the I-96 interchange. The location is ideal for both highway service, such as fast food as well as neighborhood service. With daily traffic counts on S MLK of 18,426 and 5,900 on Pleasant Grove, the property has great exposure and multiple ingress / egress points on two roads. Plus, the property is just seconds from I-96 with average daily traffic of 40,600.
This parcel is located in the Federal Opportunity Zone, qualifying investments here for tax benefits. Speak to your tax professional for advise pertaining to Federal Opportunity Zone investments.
These properties are available as separate parcels priced as:
Parcel A $250,000
Parcel B $500,000
Parcel C $350,000
Trades for other income producing commercial properties will be considered.
Populations is 120k +/- in the 5 miles surrounding the property.
Attachments & Media
|Nearest MSA:||Lansing-East Lansing|
|Submarket Type:||Redevelopment District|
|Taxing Authority:||City of Lansing|
|Largest Nearby Street:||S MLK (Logan)|
|Proximity:||1 mile||3 miles||5 miles|
Matthew Wisniewski, CCIMRE/MAX COMMERCIAL GROUP CPIX Member
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