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    1000 Saginaw St Lansing, MI 48912

    Sponsored
    For Sale
    $50,000

    0.366-acre lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.366-acre commercial land parcel presents a unique development opportunity in Lansing, Michigan. Located at 1000 W Saginaw Street, this vacant lot boasts excellent visibility and accessibility, situated on W. Saginaw Highway, a major thoroughfare serving the entire Greater Lansing area. All utilities are conveniently located on-site, simplifying the development process. The property's strategic location places it just north of Downtown Lansing and southwest of Old Town, providing proximity to established businesses, residential areas, and key amenities. The lot's size and prime location make it ideal for a variety of commercial ventures, offering significant potential for return on investment. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Michigan market. The address is 1000 W Saginaw Street, Lansing, MI 48912, within Ingham County. The property is easily accessible and benefits from high traffic volume on W. Saginaw Highway. This is a turnkey opportunity for developers seeking a strategic location in a growing urban area. The asking price for this exceptional property is $50,000.

    Property Features for 1000 Saginaw St

    General Information

    Property type
    Land
    Lot Size
    15,943 SF

    HighLights

    • 0.366‑acre vacant lot ready for development.
    • All utilities are available on‑site.
    • High visibility and accessibility from W. Saginaw Highway, serving Greater Lansing.
    • Excellent location north of Downtown Lansing and southwest of Old Town.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -84.5169757
    Latitude
    42.7376689

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    FAQs

    What type of property is this?
    Land - 0.366-acre lot, ready for development.
    Where is this land located?
    The property is located at 1000 Saginaw St Lansing, MI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 0.366-acre vacant lot ready for development.; All utilities are available on-site.; High visibility and accessibility from W. Saginaw Highway, serving Greater Lansing.
    (517) 599-6846
    Request Owner's contact information
    1000 Saginaw St Lansing, MI 48912
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    Lansing, MI 48912
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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
    1000 Saginaw St Lansing, MI 48912
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