0 Delta River DrLansing, MI 48906

Property Details for 0 Delta River Dr

Property type

Land

Property subtype

High-rise multifamily apartments

Description

This exceptional 97.86-acre parcel, situated at the intersection of Delta River Drive and N. Waverly Road in Lansing, Michigan's Ingham County (zip code 48906), presents a unique investment opportunity. The property boasts approximately 4,700 feet of river frontage along the Delta River, offering a tranquil setting with easy access to major highways, shopping, and entertainment. Zoned for a mix of residential uses (RB & RC), the site has a pre-planned potential for up to 205 residential units. However, it's important to note that approximately 50 acres fall within a 100-year floodplain. This characteristic, along with the presence of wetlands, makes this land particularly well-suited for development as a senior living community or a multi-family residential complex. The asking price for this expansive property is $2,100,000. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a large, strategically located parcel with significant development potential in a desirable Michigan market. The property's location offers both natural beauty and convenient access to urban amenities, making it an attractive proposition for discerning investors.

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7628

Longitude

-84.603

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