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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 Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 31.00 AC

1 Lot Available

Lot

Lot Size 31.00 AC

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

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

PROPERTY TAXES

Parcel Number
040-009-200-073-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£256,134
  • Listing ID: 27308929

  • Date on Market: 14/12/2022

  • Last Updated:

  • Address: 1215 N Canal Rd, Lansing, MI 48917

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