2.87 Acres of Development Property

Office for Sale
Catylist Listing ID: 30149113
Property Subtypes: Executive Suites, Medical, Research & Development
Building Status: Proposed
Building Size (RSF): 125,017 SF
Gross Land Area: 2.87 Acres
Sale Price: $563,000
Unit Price: $4.50 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2018

Overview / Comments

Great redevelopment parcel, 475 ft frontage on Jolly Rd. Superb location for professional office.

Two houses on the property, one occupied and one vacant.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Meridian Twp
Tax ID/APN: 33-02-02-32-400-008 and 010
Zoning: R-A
Property Located Between: Okemos Rd and James Phillips Dr (North side of street).
Property Visibility: Excellent
Highway Access: Close to Okemos I-96 exit 110
Area Description: Retail, commercial, professional office.
Total Number of Buildings: 2
Zoning Description: Currently non-residential use in a residential area (R-A).
Lot Frontage: 475
Lot Depth: 264
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,326 37,234 128,920
Median Age: 30.81 32.81 32.58
Households: 1,379 12,418 48,992


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