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    Coolidge & Coleman Rds East Lansing, MI 48823

    Sponsored
    For Sale
    $2,300,000

    19.7 Acres, Mixed-Use Potential, $2.3M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19.7-acre parcel, known as Coleman Corners Parcel C, presents a remarkable investment opportunity in East Lansing, Michigan. Located at the intersection of Coolidge and Coleman Roads, this property is strategically positioned for a variety of commercial and mixed-use developments. Currently zoned Agricultural (A), it benefits from a master plan designating it for commercial/mixed-use development, aligning perfectly with the area's growth trajectory. The site enjoys convenient access to all necessary utilities. Its proximity to the extension of Coleman Road promises enhanced connectivity to the Eastwood Towne Center, a significant regional shopping destination. Furthermore, the location boasts exceptional accessibility to a wide array of amenities, including hotels and restaurants, and is situated just a quarter-mile southeast of the MSU Federal Credit Union headquarters. The surrounding area is densely populated, with several thousand residential units within a one-mile radius, ensuring a robust potential customer base. This prime location, coupled with its substantial size and flexible zoning potential, makes Coleman Corners Parcel C an ideal investment for developers seeking a high-impact project in a thriving Michigan community. The asking price for this significant land parcel is $2,300,000. The property's zip code is 48823, and it's situated in Ingham County. Adjacent parcels are zoned for residential and business uses.

    Property Features for 0 Coolidge & Coleman Rds

    General Information

    Property type
    Mixed-use properties
    Lot Size
    858,132 SF

    HighLights

    • 19.7‑acre parcel in East Lansing, MI (48823), Ingham County, priced at $2,300,000.
    • Located at Coolidge & Coleman Roads intersection, with convenient utility access.
    • Currently zoned Agricultural (A), but designated for commercial/mixed‑use development in the master plan.
    • High visibility and proximity to Eastwood Towne Center and MSU Federal Credit Union.
    • Strong demographics: thousands of residential units within one mile, plus nearby hotels and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.448772
    Latitude
    42.758734

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    FAQs

    What type of property is this?
    Mixed-use property - 19.7 Acres, Mixed-Use Potential, $2.3M
    Where is this mixed-use property located?
    The property is located at Coolidge & Coleman Rds East Lansing, MI.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 19.7-acre parcel in East Lansing, MI (48823), Ingham County, priced at $2,300,000.; Located at Coolidge & Coleman Roads intersection, with convenient utility access.; Currently zoned Agricultural (A), but designated for commercial/mixed-use development in the master plan.
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    Coolidge & Coleman Rds 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.

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    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.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    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
    Coolidge & Coleman Rds East Lansing, MI 48823
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