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    Waverly Rd Lansing, MI 48917

    Sponsored
    For Sale
    $49,900

    4.56 Acres, Waverly Rd, $49,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.56-acre parcel presents a unique investment opportunity in Lansing, Michigan. Situated in Ingham County, with a convenient location near the interchange and General Motors, this property offers significant potential for diverse development. Currently zoned RB - Low Density Residential, the land boasts excellent visibility due to its frontage on both Waverly Road and Standard Drive. The property's APN is 040-001-200-068-00 and is located in the 48917 zip code. Its proximity to the Saratoga Woods Subdivision adds to its appeal. The asking price is $49,900. Given its zoning and location, this land is suitable for a variety of uses, including but not limited to residential and industrial development. Further investigation into potential uses is encouraged. The property's size and strategic location make it an attractive prospect for developers and investors seeking a versatile land asset in a growing area. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant upside potential. Don't miss out on this chance to secure a prime piece of real estate in Lansing.

    Property Features for 0 Waverly Rd

    General Information

    Property type
    Land
    Lot Size
    198,634 SF

    HighLights

    • $49,900 asking price.
    • 4.56‑acre land parcel.
    • RB - Low Density Residential zoning.
    • Located in Lansing, MI (Ingham County), on Waverly Rd., near the intersection with Standard Dr.
    • APN: 040‑001‑200‑068‑00.
    • Potential industrial site, near GM and a major interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.6028574
    Latitude
    42.7505521

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    FAQs

    What type of property is this?
    Land - 4.56 Acres, Waverly Rd, $49,900
    Where is this land located?
    The property is located at Waverly Rd Lansing, MI.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: $49,900 asking price.; 4.56-acre land parcel.; RB - Low Density Residential zoning.
    Request Owner's contact information
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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
    Waverly Rd Lansing, MI 48917
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