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    Benjamin Dr Lansing, MI 48906

    Sponsored
    For Sale
    $95,000

    Prime Industrial Lot, Lansing, MI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.584-acre commercial and industrial land parcel presents a unique investment opportunity in Lansing, Michigan. Located in Ingham County, with zip code 48906, this property is zoned IND-2 General Industrial, making it ideal for a variety of industrial uses. The lot is situated just north of North Town Commerce Park, a multi-tenant industrial facility, offering excellent visibility and proximity to established businesses. Its strategic location is west of Business US-27 and north of Grand River Avenue, providing easy access to major transportation routes. The parcel's APN is 33-01-01-09-228-135. This property is perfect for a small contractor or industrial user seeking a convenient and well-located building site. While this listing focuses on the 0.584-acre parcel priced at $95,000, please note that an adjacent 1.09-acre parcel is also available for purchase separately. This presents an opportunity to acquire additional land to meet expanding business needs. The coordinates for this property are latitude 42.7541367 and longitude -84.5469881. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 0 Benjamin Dr

    General Information

    Property type
    Land
    Lot Size
    25,439 SF

    HighLights

    • 0.584‑acre commercial/industrial lot in Lansing, MI (48906).
    • Zoned IND‑2 General Industrial, ideal for various industrial uses.
    • Excellent location near North Town Commerce Park, with easy access to US‑27 and Grand River Ave.
    • APN: 33‑01‑01‑09‑228‑135; Priced at $95,000.
    • Adjacent 1.09‑acre parcel also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.5469881
    Latitude
    42.7541367

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    FAQs

    What type of property is this?
    Land - Prime Industrial Lot, Lansing, MI
    Where is this land located?
    The property is located at Benjamin Dr Lansing, MI.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 0.584-acre commercial/industrial lot in Lansing, MI (48906).; Zoned IND-2 General Industrial, ideal for various industrial uses.; Excellent location near North Town Commerce Park, with easy access to US-27 and Grand River Ave.
    Request Owner's contact information
    Benjamin Dr Lansing, MI 48906
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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
    Benjamin Dr Lansing, MI 48906
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