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    4415 Martin Luther King Jr Blvd Lansing, MI 48910

    Sponsored
    For Sale
    $299,000

    1.02 Acres, High Traffic Area, MX-C Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.02-acre parcel, situated at 4415 S Martin Luther King Jr Blvd in Lansing, Michigan (zip code 48910), presents a remarkable opportunity for commercial development. Located within Greater Lansing's Southside Commercial Corridor, this property boasts a highly desirable location with excellent visibility and accessibility. The site's strategic placement ensures high traffic volume, providing optimal exposure for any commercial venture. Its proximity to major highways, shopping centers, and entertainment venues further enhances its appeal and potential for success. Currently zoned MX-C, this land offers flexibility for a variety of commercial uses, and there is potential for rezoning to accommodate specific development plans. The asking price for this prime commercial land is $299,000. The property's coordinates are latitude 42.689006 and longitude -84.567035. This is a rare opportunity to acquire a strategically located, sizable lot in a thriving commercial area. The property is classified as both residential and commercial land, offering a unique blend of potential uses. Ingham County is the location of this property. Serious inquiries are encouraged.

    Property Features for 4415 Martin Luther King Jr Blvd

    General Information

    Property type
    Land
    Lot Size
    44,431 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.567035
    Latitude
    42.689006

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    FAQs

    What type of property is this?
    Land - 1.02 Acres, High Traffic Area, MX-C Zoning
    Where is this land located?
    The property is located at 4415 Martin Luther King Jr Blvd Lansing, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    (517) 319-9230
    Request Owner's contact information
    4415 Martin Luther King Jr Blvd 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
    4415 Martin Luther King Jr Blvd Lansing, MI 48910
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