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South Lansing Redevelopment Opportunity
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2727 S Pennsylvania Ave, Lansing, MI 48910

13.76 acres prime for industrial, multi-family, or mixed-use development.

Property SizeContact for details
Lot Size13.76 Acres
Days on Market1456

Property Features for 2727 S Pennsylvania Ave

General Information

Standard status Active
Lot size 13.76 Acres
Property subtype Office

Building Details

Year Built 1977
Listing Agency: Martin Commercial Properties
Listed By: Eric Rosekrans · License #MI 6501153826
Source: Crexi
Added: Aug 15, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Martin Commercial Properties

Investment Insights

Based on property information with market context.

This 13.76-acre site in South Lansing presents a redevelopment opportunity within a high-visibility corridor. The property, formerly the McLaren Penn Campus with 240,000 square feet, has been cleared and is ready for redevelopment. Zoned G-2 Wholesale and DM-4 Residential, the site is suitable for industrial, multi-family, or mixed-use projects. The flexible zoning and large footprint allow developers to revitalize a strategically located parcel with connectivity. The site is surrounded by green space, including a large park and the Sycamore Creek area, providing a buffer for future residents or users. With 778 feet of frontage on Health Care Court and 600 feet along Alpha Street, the property offers access and configuration options. Two existing easements, a reciprocal parking easement and a utility easement, support the adjacent office building, which has expressed interest in participating in future redevelopment plans. The site represents a redevelopment opportunity in a transitioning corridor with long-term growth potential.

Key Highlights

  • 13.76‑acre cleared site, ready for redevelopment.
  • Prime location in established South Lansing corridor with high visibility.
  • Flexible G‑2 Wholesale and DM‑4 Residential zoning allows for industrial, multi‑family, or mixed‑use development.

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 48910, MI

33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 13.76 acres prime for industrial, multi-family, or mixed-use development.
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 $900,000.
What are key features of this property?
This property features: 13.76‑acre cleared site, ready for redevelopment.; Prime location in established South Lansing corridor with high visibility.; Flexible G‑2 Wholesale and DM‑4 Residential zoning allows for industrial, multi‑family, or mixed‑use development.
(517) 351-2200 Call to check price and availability
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