Development Site for Sale w/I-96 Exposure - Okemos

Vacant Land for Sale
Catylist Listing ID: 30425560
Property Subtypes: Retail
Gross Land Area: 2.70 Acres
Sale Price: $550,000
Unit Price: $203,703 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/24/2019

Overview / Comments

2.7-acre site ready for immediate development with tremendous exposure to nearly 60,000 VPD on I-96. Across from the future Williams Auto World (site purchased in 2017), near Honda and the future Serra Auto Group (under construction). Strong demographics.

Developing high-end automotive niche in SW Quadrant of Jolly and Okemos Road with convenient access to I-96.

Near major office developments.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Alaideon Township
Tax ID/APN: 33-06-06-05-200-039
Property Visibility: Excellent
Largest Nearby Street: Jolly Rd
Traffic/Vehicle Count: 58,074
Highway Access: Less than 5 minutes to I-96
Zoning Description: B-1, General Business District

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 24,486 124,550
Median Age: 36.89 32.13
Households: 9,863 46,697


Photograph of Listing Agent

Shawn H. O'Brien, CCIM

Martin Commercial Properties CPIX Member
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