V/L Stoll $1,625,000

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    V/L Stoll Lansing, MI 48906

    • 250.00 Acres
    • Land
    • MLS# 227496
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    Views: 1591 Days On Market: 708

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    Property Details

    Prime development opportunity, 250+/- acres on Stoll Road just a quarter mile West of Airport Road with frontage on I-69. This property is less than 1 mile from the I-69 access ramp. Per Watertown Township's Development Plan, the Future Land Use will be Medium Density and Low Density residential. The property is adjacent to 80 acres to the east, which proposes mixed use development for commercial and office uses along with multiple family residences. South of the subject property is Nottingham Fields a single family residential development. The location within DeWitt Public School District along with existing sewer and water infrastructure makes this property development ready now. The taxes include the outstanding water, sewer and paving special assessment. The existing water and sewer assessments are $62,000 per year. It will be paid up in full by the end of 2020. The Seller's will pay off the remainder of the assessment at the closing of the sale. The property taxes are $30,000 per year. The Western 164 acres of the property is in Waverly School district the Eastern 86 acres of the property is in DeWitt School district. The 250 acres is comprised of 5 parcel numbers 150-024-300-008-00, 150-024-300-007-00, 150-024-300-006-00, 150-024-400-011-00 and 150-024-400-013-00.

    • General Features
      • Zoning Agricultural
      • County Clinton
      • Current Use Agriculture,Wooded,Hunting,Residential,Investment
      • Subdivision None
    • Building Features
      • Miscellaneous Crops Reserved, Slope Contour, Sanitary Sewer, Roll Contour, Public Water, Level Contour, Gas, Electricity
    • Property Features
      • Road Surface Paved
      • Soil Types Sandy Clay Loam
      • Water Public
      • Land Acreage Over 50 Acres, Wooded
      • Sewer Public Sewer
      • Driveway Road Frontage
    • Schools
      • School District DeWitt

    Contact

    Patrick Feldpausch

    Patrick Feldpausch

    Office Owner

    RE/MAX Real Estate Professionals

    Mobile Phone: 517-285-7550

    Neighborhood

    48906 (Lansing) Demographics

    35 Median Age
    787 Population Density (per sq. mile)
    32% College Educated
    $40,468 Estimated Median Income
    6,813 Estimated Total Home Owners
    3,591 Estimated Total Renters
    65% / 35% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,115 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $160,750 Median Sales Price
    16 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,625,000
        6/21/2018 2:51:00 PM New in Database Source

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        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORSĀ®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.