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    600 Kalamazoo St Lansing, MI 48912

    Sponsored
    For Sale
    $99,000

    0.71-acre lot, prime location, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.71-acre commercial land parcel presents a unique investment opportunity in the heart of downtown Lansing, Michigan. Located at 600 E Kalamazoo St, this vacant lot boasts excellent frontage on a major thoroughfare and is conveniently situated near I-496, providing easy access to regional transportation networks. The property's prime location offers walkability to Lansing Lugnuts Stadium and the diverse culinary options along E Michigan Ave. Its strategic placement also benefits from being on a major CATA bus route, ensuring high visibility and accessibility. The surrounding area is characterized by a mix of established businesses, including Valvoline Oil Change, Affordable Tire and Service Center, Precision Power, Dicker & Deal Furniture and More, Lansing Flooring Supplies, Industrial Pattern, and CubSmart Self Storage, indicating a vibrant and active commercial environment. The property's APN is 33-01-01-16-478-001. This is an ideal site for a variety of commercial developments, offering significant potential for growth and return on investment. The asking price for this exceptional property is $99,000. The Ingham County location and 48912 zip code further solidify its desirability. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving downtown area.

    Property Features for 600 Kalamazoo St

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • 0.71‑acre commercial lot in downtown Lansing, MI, at 600 E Kalamazoo St.
    • Excellent frontage on a major thoroughfare with I‑496 access.
    • Walkable to Lansing Lugnuts Stadium and E Michigan Ave. restaurants.
    • Located on a CATA bus route.
    • Surrounded by established businesses, including Valvoline, Affordable Tire, and CubSmart Self Storage.
    • APN: 33‑01‑01‑16‑478‑001.
    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 Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.543959689252
    Latitude
    42.729904107672

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    FAQs

    What type of property is this?
    Land - 0.71-acre lot, prime location, development ready.
    Where is this land located?
    The property is located at 600 Kalamazoo St Lansing, MI.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 0.71-acre commercial lot in downtown Lansing, MI, at 600 E Kalamazoo St.; Excellent frontage on a major thoroughfare with I-496 access.; Walkable to Lansing Lugnuts Stadium and E Michigan Ave. restaurants.
    (517) 679-8633
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    600 Kalamazoo 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
    600 Kalamazoo St Lansing, MI 48912
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