0 Delta River Dr Lansing, MI 48906

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.