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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: 707 Days On Market: 656

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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

John Hagerty

Sales Associate

RE/MAX Finest

Mobile Phone: 517-803-5868

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

$95,850 Median Sales Price
30 Homes Sold
29 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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      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. 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.