Nice Find - Development/Investment

Vacant Land for Sale
Catylist Listing ID: 30443731
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 4.05 Acres
Sale Price: $200,000
Unit Price: $49,382 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2019

Overview / Comments

Value is in the land. There is a 1,400 sq. ft. home on the property with a current tenant with a lease that expires in Oct. 2019. Therefore, it's possible to keep/get a tenant which would provide some income.

The other option is to remove the current building. Possible uses would be Multi-family, office, or possibly church.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Lansing
Tax ID/APN: 33-01-05-06-301-011
Zoning: RESIDENTIAL
Property Located Between: Jolly & Miller Rds
Property Visibility: Excellent
Legal Description: Lots 3 & 4 Supervisors Plat of Glendale
Largest Nearby Street: Jolly Rd
Feet of Frontage: 297
Highway Access: Easy Access to I-96
Site Description: 4+ acres with one 1,400 sq. ft. House
Lot Frontage: 297
Lot Depth: 594
Zoning Description: Residential
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,597 64,953 152,598
Median Age: 30.84 36.25 35.75
Households: 3,126 27,044 65,048

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.