

Listed by Woodworth Commercial Okemos
$2,640,000
21.82 Acres Right Off Hwy 96
Details
APN 25-05-07-176-008, 25-05-07-176-001, 25-05-07-176-002, 25-05-07-176-015
Property Type Land
Sub Type Commercial
Acreage 21.820
21.82 Acres Off Hwy 96
Marketing 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.
Investment highlights
Located in qualified opportunity zone
$91,000 avg. household income in Delhi Twp
Excellent school district (Holt) with over 5,000 student
Highly accessible and visible location off eastbound I-96
10-minute drive to downtown Holt.
Listing Contacts


Listed by Woodworth Commercial Okemos
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?


