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    16850 Chadwell Rd East Lansing, MI 48823

    Sponsored
    For Sale
    $995,000

    10.87 Acres, Meijer Adjacent, Highway Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional 10.87-acre development land presents a prime investment opportunity in East Lansing, Michigan. This property, located at 16850 Chadwell Rd, boasts convenient access to major roadways, including the I-69/E Saginaw interchange (BUS-69), ensuring seamless connectivity to surrounding areas. Its strategic location directly neighbors a Meijer supermarket, enhancing its commercial viability and attracting significant foot traffic. The property is zoned for development and offers easy access to several thriving communities, including Haslett, Okemos, Bath, and East Lansing, providing a diverse and established market. Nearby amenities include a wide array of retail establishments such as Events to Rent, Gillettes RV, Fast Eddy's Car Wash, MSU Federal Credit Union, McDonald's, Gilden Woods Child Care, Monticello's Market, Lansing Urgent Care, and a newly constructed ACE Hardware. The parcel's APN is 010-034-300-130-01. This exceptional location offers unparalleled potential for various development projects, benefiting from its proximity to Michigan State University and its strong connection to the regional transportation network. The asking price for this remarkable property is $995,000. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with excellent visibility and accessibility.

    Property Features for 16850 Chadwell Rd

    General Information

    Property type
    Land
    Lot Size
    473,497 SF

    HighLights

    • High‑profile development site adjacent to Meijer.
    • Excellent location near Haslett, Okemos, Bath, and East Lansing.
    • Close proximity to Michigan State University.
    • Easy access to I‑69.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Lansing
    County
    Clinton
    State
    Michigan
    Longitude
    -84.419377799743
    Latitude
    42.770429506203

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    FAQs

    What type of property is this?
    Land - 10.87 Acres, Meijer Adjacent, Highway Access
    Where is this land located?
    The property is located at 16850 Chadwell Rd East Lansing, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: High-profile development site adjacent to Meijer.; Excellent location near Haslett, Okemos, Bath, and East Lansing.; Close proximity to Michigan State University.
    (517) 679-8633
    Request Owner's contact information
    16850 Chadwell Rd East Lansing, MI 48823
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    East Lansing, MI 48823
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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
    16850 Chadwell Rd East Lansing, MI 48823
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