6280 Bishop Rd
21.82 Acres of Residential Land Offered at $2,640,000 in Lansing, MI 48911
INVESTMENT HIGHLIGHTS
- Located in a qualified opportunity zone.
- Excellent school district (Holt) with over 5,000 students.
- 10-Minute drive to downtown Holt.
- $91,000 avg. household income in Delhi Twp.
- Highly accessible and visible location off eastbound I-96.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,640,000 |
| Price Per AC | $120,989.92 |
| Lot Size | 21.82 AC |
Located in a qualified opportunity zone allowing for potential deferral, discount, and exemption of federal capital gains taxes.
DESCRIPTION
This site consists of 4 parcels, totaling 21.82 acres with all utilities to site. The property allows for up to 260 apartment units; township permits up to 12 units per acre with a special use permit. Located in Delhi Township within the Holt School District, the site boasts excellent accessibility and visibility, situated near eastbound I-96 at exit 101 onto M-99. Currently zoned C-3; the master plan has been changed to High-Density Multi-Family Residential.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,400 | |
| Land Assessment | $87,500 | Total Assessment | $91,900 |
ZONING
| Zoning Code | High Density Multi-Family (It is currently zoned C-3 Commercial however the Master Plan has been changed to High Density Multi-Family Residential) |
