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- LoopNet Team
1215 N Canal Rd
Lansing, MI 48917
31-Acre Apartment Development Opportunity · Land For Sale
·
31.00 AC
INVESTMENT HIGHLIGHTS
- Grand Ledge School District
- 5-Minute drive to two major malls (The Marketplace at Delta Twp and the Lansing Mall)
- 12-Minute drive to downtown Lansing
- Convenient access to freeways I-69 and I-96
- 8-Minute drive to downtown Grand Ledge
- 13-Minute drive to Capital Region International Airport
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 31.00 AC |
| Zoning | NONE | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 31.00 AC |
| Zoning | NONE |
DESCRIPTION
Site consists of 2 parcels, totaling 31 Acres Utilities will be on site once neighboring development is complete Access from Willow Road and Canal Road Currently zoned Agricultural, but Delta Township would like to see multifamily development Planning Director and Township Engineer support 11 units per acre CBRE assumes 25 acres are buildable, and therefore 275 units could be built Parcel #’s 040-009-200-073-00 & 040-009-200-110-00 Grand Ledge School District 4-Minute drive to Kroger, Walmart, Lowe’s, Meijer, Starbuck’s, etc. 5-Minute drive to two major malls (The Marketplace at Delta Twp and the Lansing Mall) 8-Minute drive to downtown Grand Ledge 12-Minute drive to downtown Lansing 13-Minute drive to Capital Region International Airport Convenient access to freeways I-69 and I-96
PROPERTY TAXES
| Parcel Number | 040-009-200-073-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,000,000 |
PROPERTY TAXES
