7.1 Acre Multi-Family Development Opportunity - US 127 / E. State Road

Vacant Land for Sale
Catylist Listing ID: 30389569
Property Subtypes: Multi-Family
Gross Land Area: 7.10 Acres
Sale Price: $625,000
Unit Price: $88,028 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2019

Overview / Comments

7.1 acre site cleared and ready for development
1,162’ frontage along US-127 and 551’ frontage on East State Road
Located just north of MSU Federal Credit Union headquarters and Eastwood Towne Center
Excellent opportunity for multi-family development
Water and sewer located at the intersection of East State Road and Coolidge Road

Easy access to US-127 and I-69
Nearby retailers include Dicks Sporting Goods, Sam’s Club, NCG Cinema, Walmart, Meijer, Kroger and more

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 19-20-50-26-400-026

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,739 55,519 149,412
Median Age: 35.91 33.86 32.51
Households: 1,336 24,100 57,909


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