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    Municipal Way Lansing, MI 48917

    For Sale
    Contact for pricing

    Prime Lansing office land, 1.5-11.63 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional opportunity to acquire prime office land in the prestigious MERS Park, located in Delta Charter Township, Lansing, Michigan. This established 36-acre business park boasts convenient access to I-496 and Creyts Road, offering unparalleled visibility and connectivity. Several condominium sites ranging from 1.5 to 11.63 acres are available, providing flexibility for various development projects. The lots are zoned for office use and feature all essential utilities, including water, sewer, gas, electricity, and phone lines. Several beautifully wooded lots are also available, and some can be combined to create larger parcels. Specific lot sizes include: Unit 2A (1.706 acres), Unit 2B (3.436 acres), Unit 5B (3.000 acres), Unit 6 (1.768 acres), Unit 7 (1.777 acres), Unit 8 (2.271 acres), Unit 9 (2.805 acres), Unit 10 (1.496 acres), and Unit 11 (1.513 acres). This development is situated near prominent organizations such as the Municipal Employees' Retirement System, Middle Cities Risk, and Michigan Virtual University, solidifying its position as a thriving business hub in the Lansing area. The property's location and amenities make it an ideal investment for developers seeking a high-profile location with excellent infrastructure. Multiple APNs are available.

    Property Features for 0 Municipal Way

    General Information

    Property type
    Office Properties & Spaces
    Class
    A
    Lot Size
    65,340 SF

    HighLights

    • 1.5 to 11.63‑acre office land condominium sites available in Delta Township, Lansing, MI.
    • Office zoning in a prestigious business park near I‑496/Creyts Road interchange.
    • All utilities (water, sewer, gas, electric, and phone) are available.
    • Wooded lots available, with potential for combination.
    • Individual lot sizes range from 1.496 to 3.436 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6485969
    Latitude
    42.7227996

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lansing office land, 1.5-11.63 acres.
    Where is this office property / space located?
    The property is located at Municipal Way Lansing, MI.
    What are key features of this property?
    This property features: 1.5 to 11.63-acre office land condominium sites available in Delta Township, Lansing, MI.; Office zoning in a prestigious business park near I-496/Creyts Road interchange.; All utilities (water, sewer, gas, electric, and phone) are available.
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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
    Municipal Way Lansing, MI 48917
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