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    8128 Redwood Blvd Lansing, MI 48917

    For Sale
    $499,000

    Prime 4.95-acre commercial lot, shovel-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4.95-acre commercial land parcel, located at 8128 Redwood Blvd in Delta Charter Township, Michigan (zip code 48917), presents a unique investment opportunity. Zoned RD, this property is ideally suited for development, boasting pre-approved plans for a 60-bed assisted living facility. The site is completely prepared for immediate construction, eliminating significant pre-development hurdles. Detailed architectural drawings, financial projections, and a comprehensive business plan are available for serious inquiries. The property's attractive location offers convenient access to a variety of restaurants and shopping amenities, enhancing its appeal and potential for success. The parcel's APN is 040-009-200-048-00. The asking price is $499,000. A joint venture opportunity is also being considered. This is a rare chance to acquire a fully prepared site ready for immediate development in a desirable location. Don't miss this chance to capitalize on this exceptional opportunity.

    Property Features for 8128 Redwood Blvd

    General Information

    Property type
    Land
    Lot Size
    215,622 SF

    HighLights

    • $499,000 asking price.
    • 4.95‑acre commercial land parcel.
    • RD zoning.
    • Located at 8128 Redwood Blvd, Delta Charter Township, MI 48917 (APN 040‑009‑200‑048‑00).
    • Approved for a 60‑bed assisted living facility; shovel‑ready site with architectural drawings and business plan available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6706409
    Latitude
    42.7529654

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    FAQs

    What type of property is this?
    Land - Prime 4.95-acre commercial lot, shovel-ready.
    Where is this land located?
    The property is located at 8128 Redwood Blvd Lansing, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price.; 4.95-acre commercial land parcel.; RD zoning.
    (517) 679-8633
    Request Owner's contact information
    8128 Redwood Blvd Lansing, MI 48917
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    Lansing, MI 48917
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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
    8128 Redwood Blvd Lansing, MI 48917
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