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    4578 Hagadorn Rd East Lansing, MI 48823

    For Sale
    $2,500,000

    5.7 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.7-acre commercial land parcel presents a unique redevelopment opportunity in the thriving East Lansing, Michigan market. Ideally situated across from Michigan State University's campus on Hagadorn Road, this property boasts unparalleled visibility and accessibility. The site is zoned PO, offering flexibility for a variety of development projects. Envision a mixed-use development incorporating commercial and residential components, or perhaps a specialized project such as a senior housing or care facility. The substantial lot size allows for ample space to create a significant development. The property's location in Meridian Township ensures convenient access to major roadways, amenities, and the vibrant MSU community. With its prime location and zoning, this property represents a compelling investment opportunity for developers seeking to capitalize on the strong demand for real estate in this dynamic area. The two parcels included are identified by APN numbers 33-02-02-20-351-002 & 33-02-02-20-351-003. The asking price for this significant development opportunity is $2,500,000. The address is 4578 & 4606 Hagadorn Rd, East Lansing, MI 48823.

    Property Features for 4578 Hagadorn Rd

    General Information

    Property type
    Churches & religious facilities
    Lot Size
    248,292 SF

    HighLights

    • 5.7‑acre commercial land parcel in East Lansing, MI, across from Michigan State University.
    • Zoned PO, allowing for mixed‑use development.
    • High visibility and accessibility on Hagadorn Road.
    • Two parcels (APN 33‑02‑02‑20‑351‑002 & 33‑02‑02‑20‑351‑003) totaling 5.7 acres.
    • $2,500,000 asking price.
    • Address: 4578 & 4606 Hagadorn Rd, East Lansing, MI 48823.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bunifu Non-Profit Organization American Baptist Churches Religious Organization

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.460344
    Latitude
    42.714897

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    FAQs

    What type of property is this?
    Church & religious facility - 5.7 Acres, Mixed-Use Potential
    Where is this church & religious facility located?
    The property is located at 4578 Hagadorn Rd East Lansing, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 5.7-acre commercial land parcel in East Lansing, MI, across from Michigan State University.; Zoned PO, allowing for mixed-use development.; High visibility and accessibility on Hagadorn Road.
    (517) 319-9209
    Request Owner's contact information
    4578 Hagadorn 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
    4578 Hagadorn Rd East Lansing, MI 48823
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