Development Land N of I-96 / S MLK Jr Blvd, Lansing, MI

Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 1,100,000.00
Asset Type Land
Trade Type Sale
Acres Available 3.00
Date Available 12/11/2017
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This land sits at the corner of Pleasant Grove and S MLK Blvd at the first signalized corner North of the I-96 interchange. The location is ideal for both highway service, such as fast food as well as neighborhood service. With daily traffic counts on S MLK of 18,426 and 5,900 on Pleasant Grove, the property has great exposure and multiple ingress / egress points on two roads. Plus, the property is just seconds from I-96 with average daily traffic of 40,600. These properties are available as separate parcels priced as:, Parcel A $250,000, Parcel B $500,000, Parcel C $350,000. Trades for other income producing commercial properties will be considered. Populations is 120k +/- in the 5 miles surrounding the property.