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    Saginaw Hwy Grand Ledge, MI 48837

    Sponsored
    For Sale
    $645,000

    17.77 Acres, C-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17.77-acre parcel presents a remarkable development opportunity in Grand Ledge, Michigan. Located on E. Saginaw Highway in Delta Township and within the Grand Ledge school district, this property boasts 363.5 feet of prime highway frontage. The C-2 commercial zoning allows for a diverse range of uses, including multi-family housing, senior housing, mini-storage facilities, and auto dealerships, making it an ideal investment for developers seeking high-impact projects. The property's high visibility and convenient location ensure strong potential for attracting tenants and maximizing return on investment. The address is E Saginaw Hwy, Grand Ledge, MI 48837, with the APN 040-007-300-055-00. The property is being offered at $645,000. While previously considered for residential, senior housing, and storage uses, the flexible zoning opens doors to a wide array of commercial ventures. This is a rare opportunity to acquire a significant land holding in a thriving area with excellent access to major transportation routes. The lease on any prior use expired on September 21, 2022. Don't miss this chance to capitalize on the potential of this strategically located property.

    Property Features for 0 Saginaw Hwy

    General Information

    Property type
    Assisted living facilities

    HighLights

    • $645,000 asking price.
    • 17.77‑acre land parcel.
    • C‑2 Commercial zoning.
    • Located on E. Saginaw Hwy, Grand Ledge, MI 48837 (APN: 040‑007‑300‑055‑00).
    • 363.5 feet of highway frontage.
    • Suitable for various commercial uses including multi‑housing, senior housing, and mini‑storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Map

    City
    Grand Ledge
    County
    Eaton
    State
    Michigan
    Longitude
    -84.7198857
    Latitude
    42.7409188

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    FAQs

    What type of property is this?
    Assisted living facility - 17.77 Acres, C-2 Zoning, High Visibility
    Where is this assisted living facility located?
    The property is located at Saginaw Hwy Grand Ledge, MI.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: $645,000 asking price.; 17.77-acre land parcel.; C-2 Commercial zoning.
    (517) 662-3529
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    Saginaw Hwy Grand Ledge, MI 48837
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    Grand Ledge, MI 48837
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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
    Saginaw Hwy Grand Ledge, MI 48837
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