6280 Bishop RdLansing, MI 48911

For Sale
$2,500,000

21.82 Acres, 260 Units Possible

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 21.82-acre land parcel in Lansing, Michigan, presents a prime opportunity for the development of approximately 260 apartment units. Located in Delhi Township within the Holt School District, this fee-simple property boasts a highly visible location off I-96, exit 101, providing excellent accessibility. The site comprises four parcels (APN: 25-05-07-176-001, 25-05-07-176-002, 25-05-07-176-008, 25-05-07-176-015) and benefits from existing utilities. A special use permit allows for a density of 12 units per acre. The property's strategic location offers proximity to major employers, including GM's new battery cell plant (a 12-minute drive), and numerous amenities such as Kroger, Meijer, Starbucks, and Target (within an 8-minute drive). Furthermore, its location within a Qualified Opportunity Zone presents significant tax advantages for investors. The area enjoys a strong average household income ($91,000 in Delhi Township) and is served by the excellent Holt School District, with over 5,000 students. Downtown Holt is a 10-minute drive, downtown Lansing is 15 minutes away, and Capital Region International Airport is a 20-minute drive. The asking price for this exceptional development opportunity is $2,500,000.

Highlights

  • Opportunity Zone Qualified Property.
  • $91,000 Average Household Income in Delhi Township.
  • Holt School District; over 5,000 students.
  • High visibility and accessibility from I-96 Eastbound.
  • 8-minute drive to major retailers (Kroger, Meijer, Starbucks, Target).
  • 10-minute drive to Downtown Holt.

Property Details for 6280 Bishop Rd

Property type
Other land, Land
Lot Size (sq. ft)
950,479 SF

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.661970268631
Longitude
-84.594442854633
6280 Bishop Rd, Lansing, Michigan

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6280 Bishop Rd
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