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    Pine St Lansing, MI 48933

    Sponsored
    For Sale
    $49,500

    High-profile corner lot, DT-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.153-acre parcel sits at the highly visible northeast corner of St. Joseph and Pine Streets in Lansing, Michigan. Its strategic location serves as a gateway to the city's downtown area. The property is zoned DT-1, Urban Edge, offering significant development potential under Lansing's form-based code. This designation allows for a variety of commercial and residential uses, making it an attractive investment opportunity. The lot's size is ideal for a boutique development or a smaller-scale commercial venture. Furthermore, this property is located within a designated Michigan Opportunity Zone, providing potential tax advantages for qualified investors. The address is on South Pine Street, Lansing, MI 48933, in Ingham County. The asking price for this exceptional downtown Lansing property is $49,500. Its prime location and flexible zoning make it a rare find in a thriving urban environment. The coordinates are 42.729228 latitude and -84.5601056 longitude.

    Property Features for 0 Pine St

    General Information

    Property type
    Land
    Lot Size
    6,665 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5601056
    Latitude
    42.729228

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    FAQs

    What type of property is this?
    Land - High-profile corner lot, DT-1 zoning.
    Where is this land located?
    The property is located at Pine St Lansing, MI.
    What is the asking price?
    The asking price for this property is $49,500.
    (517) 319-9209
    Request Owner's contact information
    Pine St Lansing, MI 48933
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    Lansing, MI 48933
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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
    Pine St Lansing, MI 48933
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