Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2040 Merritt Rd East Lansing, MI 48823

    For Lease
    Contact for pricing

    Prime East Lansing land, B-2 zoning, high visibility.

    Lot size:
    129,373 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.97-acre commercial land parcel presents a unique investment opportunity in the thriving East Lansing, Michigan market. Located at 2040 Merritt Rd, zip code 48823, this property boasts a highly visible location with significant traffic flow, ideal for maximizing exposure and attracting customers. The site is zoned B-2, offering considerable flexibility for a range of commercial developments. This single-tenancy land is situated in Ingham County and presents a blank canvas for a retail-pad investor seeking a strategic location to establish a strong presence within a dynamic community. The well-maintained property provides an excellent foundation for a new development, capitalizing on the area's robust market and high demand for commercial space. The property's location in East Lansing offers easy access to major transportation routes and a dense population base, ensuring high visibility and accessibility for any future business. This is an exceptional chance to acquire a prime commercial land parcel in a desirable location with significant growth potential. The 2.97 acres provide ample space for a variety of development options, making this an attractive investment for discerning buyers.

    Property Features for 2040 Merritt Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    129,373 SF

    Unit(s) available at that property

    Space
    Size
    129,373 SF

    HighLights

    • 2.97‑acre commercial land parcel in East Lansing, MI (48823), located at 2040 Merritt Rd.
    • B‑2 zoning allows for versatile business and retail development.
    • High‑traffic location provides excellent visibility and exposure for businesses.
    • Ideal retail‑pad investment opportunity with ample space.
    • Convenient access to major transportation routes.
    • Strong customer base due to proximity to residential and commercial areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    High Society Cannabis ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.447485472377
    Latitude
    42.749355676607

    Nearby Similar for Lease

    • $10 SF/Yr
      6,534 SF

      East Lansing Office Space Available

      Office space in the heart of downtown East Lansing.
      231 Flr, East Lansing, MI 48823
      View Details
    • $10 SF/Yr
      10,670 SF

      East Lansing Office Space Available

      Affordable office space directly across from MSU campus for rent.
      507 1/2 E Grand Riv Ave Unit, East Lansing, MI 48823
      View Details
    • $22 SF/Yr
      2,145 SF

      Medical Suite in East Lansing

      Well-finished medical suite near Whitehills subdivision and Michigan State.
      1350 E Lake Lansing Rd, East Lansing, MI 48823
      View Details
    • Contact for pricing
      48,477 SF

      Trowbridge Village: Retail & Office Space

      Prime Lansing Location: Multiple Suites Available
      940 Trowbridge Rd, East Lansing, MI 48823
      View Details
    • $21 SF/Yr
      8,645 SF

      East Lansing Class A Office Space

      Premium Office Suites, Downtown Location
      333 Albert Ave, East Lansing, MI 48823
      View Details
    • $15 SF/Yr
      97,582 SF

      Hannah Plaza: East Lansing Retail Space

      Prime East Lansing retail, multiple spaces available.
      4790 Hagadorn Rd, East Lansing, MI 48823
      View Details

    FAQs

    What type of property is this?
    Land - Prime East Lansing land, B-2 zoning, high visibility.
    Where is this land located?
    The property is located at 2040 Merritt Rd East Lansing, MI.
    What are key features of this property?
    This property features: 2.97-acre commercial land parcel in East Lansing, MI (48823), located at 2040 Merritt Rd.; B-2 zoning allows for versatile business and retail development.; High-traffic location provides excellent visibility and exposure for businesses.
    Request Owner's contact information
    2040 Merritt Rd East Lansing, MI 48823
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2040 Merritt Rd
    East Lansing, MI 48823
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2040 Merritt Rd East Lansing, MI 48823
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.