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    2727 S Pennsylvania Ave Lansing, MI 48910

    For Sale
    $2,500,000

    13.76 acre redevelopment site in South Lansing.

    Property size:
    242,362 SF
    Lot size:
    13.76 Acres

    Property Features for 2727 S Pennsylvania Ave

    General Information

    Size
    242,362 SF
    Lot size
    13.76 Acres

    Source: Martin Commercial Properties Agent Eric F. Rosekrans, CCIM, CPM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    13.76 Acre Redevelopment Opportunity

    This 13.76-acre redevelopment opportunity is located in South Lansing. The site, formerly the McLaren Penn Campus Building, includes over 240,000 square feet of space. Situated off Pennsylvania Avenue on Health Care Court, the property is zoned G-2, Wholesale and DM-4, Residential, making it suitable for redevelopment centered around industrial use, multi-family housing, or a combination of both. The site is surrounded by a large park and the Sycamore Creek area. The site is irregular in shape with 778 feet of frontage on Health Care Court and 600 feet of frontage on Alpha Street. There are two easements on the property for the office building adjacent to the property. One is a reciprocal parking easement and the other is a utility easement. The adjacent office building at 2815 S. Pennsylvania Avenue is interested in being part of any redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McLaren Greater Lansing ... Sleep Clinic Ingham Center-Wound Healing Medical Clinic Matthew K. Thomson, ... Podiatrist Narula Vikram MD Doctor Kenneth Gorney Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.535992
    Latitude
    42.70286

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    FAQs

    What type of property is this?
    Commercial land - 13.76 acre redevelopment site in South Lansing.
    Where is this commercial land located?
    The property is located at 2727 S Pennsylvania Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - 13.76 acre redevelopment opportunity.; - Prime location in South Lansing.; - Zoned G-2 and DM-4, allowing for industrial or multi-family development.
    (517) 290-7606
    Request Owner's contact information
    2727 S Pennsylvania Ave Lansing, MI 48910
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    Lansing, MI 48910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2727 S Pennsylvania Ave Lansing, MI 48910
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