8.5 Acres (3 Parcels) Zoned C-2

Vacant Land for Sale
8.5 Acres (3 Parcels) Zoned C-2
Catylist Listing ID: 30476292
Property Subtypes: Self Storage, Other
Gross Land Area: 8.50 Acres
Sale Price: $2,870,000
Unit Price: $337,647 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/3/2019

Overview / Comments

Three parcels making up 8.5 acres. 350 ft. of frontage with a 16,000 cars per day traffic count on Grand River Ave in Okemos MI. Could be developed for restaurants, strip centers, multifamily housing, etc. Nearby tenants include Bank of America, Quality Dairy, Rite Aid, Speedway, Honey Baked Ham Company, and Domino's Pizza. Graff Nissan of Okemos is to the east of the site and two more car dealerships are being developed east of the site as well.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33-02-02-22-426-001
Zoning: C-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,745 44,652 103,978
Median Age: 36.58 36.51 32.89
Households: 2,829 18,052 38,788


Photograph of Listing Agent

Shawn H. O'Brien, CCIM

Colliers International West Michigan
CPIX Member
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