4.55 Acres Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30450711
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 4.55 Acres
Sale Price: $519,500
Unit Price: $114,175 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 10/17/2021

Overview / Comments

Excellent Commercial retail or office development site on growing E. Saginaw/M-78 corridor. Located midway between Costco and Meijer next to proposed Menard's retail site.

Site is ready to develop, with all utilities at site, partial parking lot and curb cuts already installed.

Previously approved for up to 30,000 sf of retail/office development.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Meridian Township
Tax ID/APN: 33-02-02-04-301-006
Zoning: C-2
Property Located Between: Lake Lansing and Newton Rd 1.0 mile east of Costco and 1.2 Miles west of Bath Meijer
Property Visibility: Excellent
Legal Description: COM @ THE W 1/4 COR SEC 4 -N 89 DEG 39'50" E ON EW 1/4 LN 1240.87 FT TO THE POB -N 09 DEG 12'34" E, 127.51 FT - N 79 DEG 43'22" E, 183.92 FT - S 0 DEG 12'07"E, 20.95 FT - N 89 DEG 14'59" E, 518.02 FT - SW'LY 635.50 FT ON M-78 R/W LN ON CURVE LEFT HAVING A 3869.15 FT RADIUS AND A CHD OF 634.79 FT BRG S 43 DEG 34'26" W - N 51 DEG 12'28" W, 125.69 FT - N 66 DEG 41'56" W 131.65 FT - N 80 DEG 46'46"W, 91.71 FT - N 09 DEG 12'34"E, 172.08 FT TO THE POB SEC 4 T4N,R1W 4.55 AC M/L
Feet of Frontage: 636
Traffic/Vehicle Count: 13,500
Highway Access: 2 miles east of I-69 interchange Exit 94
Site Description: Site was initially approved for 30,000 sf of retail or office as part of a site condo, for multiple building sites with shared parking.
Lot Frontage: 636
Zoning Description: Zoned C-2 Meridian Township
Topography: Level
Easements Description: Joint ingress and egress to Pine Hollow Drive, and E. Saginaw,
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,480 64,650 122,519
Median Age: 46.51 30.28 32.64
Households: 1,019 22,402 47,092


Photograph of Listing Agent

Shawn H. O'Brien, CCIM

Colliers Lansing
CPIX Member
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