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    1245 N Larch St Lansing, MI 48906

    For Sale
    $200,000

    Prime 0.68-acre redevelopment site in Lansing's Historic Old Town.

    Lot size:
    0.68 Acres

    Property Features for 1245 N Larch St

    General Information

    Lot size
    0.68 Acres

    Source: Colliers Lansing Agent Jeff Ridenour

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

    Overview

    Lansing Redevelopment Opportunity

    This 0.68-acre site presents a redevelopment opportunity along the I-96 Business Loop in Lansing’s Historic “Old Town” Neighborhood. An adjacent 0.76-acre parcel is also available, creating a potential 1.44-acre redevelopment site. The surrounding area includes businesses such as Speedway, Preuss Pets, The Cosmos, Absolute Gallery, and Capital City Scuba.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.545361
    Latitude
    42.748149

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    FAQs

    What type of property is this?
    Land - Prime 0.68-acre redevelopment site in Lansing's Historic Old Town.
    Where is this land located?
    The property is located at 1245 N Larch St Lansing, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Prime Redevelopment Opportunity; - Located along the I-96 Business Loop; - Located within Lansing’s Historic “Old Town” Neighborhood
    (517) 204-7902
    Request Owner's contact information
    1245 N Larch St Lansing, MI 48906
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    Lansing, MI 48906
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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
    1245 N Larch St Lansing, MI 48906
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