Assisted Living Vacant Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30338440
Property Subtypes: Hospitality, Multi-Family, Other
Gross Land Area: 4.95 Acres
Sale Price: $595,000
Unit Price: $120,202 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2019

Overview / Comments

4.95 acres approved for 60 bed assisted living facility. Site is shovel ready, complete with architectural drawings, projections and business plan available for review. Site is located in a beautiful setting close to many restaurants and shopping. Join venture also available.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: Delta Township
Tax ID/APN: 040-009-200-048-00
Zoning: RD
Area Description: Located northwest of I-96 and W Saginaw Hwy interchange in a thriving retail corridor. Adjacent to new development of 160+ unit apartment neighborhood and two miles west of the Lansing Mall and close to the major retailers of Delta Marketplace.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,794 25,495 81,503
Median Age: 42.66 42.74 39.16
Households: 3,142 11,112 34,331

Contact

Photograph of Listing Agent

Todd M. Kosta

Woodworth Commercial LLC
CPIX Member
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