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    Coleman Rd East Lansing, MI 48823

    Sponsored
    For Sale
    $495,000

    17.48 Acres, High-Density Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17.48-acre parcel presents a remarkable opportunity for high-density residential development in desirable East Lansing, Michigan. Located in Bath Township on Coleman Road, this vacant land boasts a prime location with convenient access to major thoroughfares, including I-96, ensuring seamless connectivity to surrounding communities such as Haslett, Okemos, and Bath. The property's zoning designation is High Density Residential, opening doors to a variety of multi-family or assisted living projects. The asking price is $495,000, translating to an attractive price per acre of $28,322. The expansive lot size offers significant potential for a substantial development, while its proximity to amenities like Meijer and numerous parks and nature trails enhances its appeal. The property's Assessed Parcel Number (APN) is 010-034-300-131-01. This is a rare chance to acquire a sizable, strategically located land parcel in a thriving Michigan community, ideal for investors seeking a high-return development project. The property's location in Ingham County, with a zip code of 48823, further underscores its desirability. This exceptional offering is poised for immediate development, presenting a compelling investment opportunity.

    Property Features for 0 Coleman Rd

    General Information

    Property type
    Land
    Lot Size
    761,429 SF

    HighLights

    • $495,000 asking price.
    • 17.48‑acre residential land parcel.
    • High‑density residential zoning.
    • $28,461 per acre land value.
    • Located in East Lansing, MI, Ingham County, near Coleman Rd and I‑96.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4957648
    Latitude
    42.7731544

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    FAQs

    What type of property is this?
    Land - 17.48 Acres, High-Density Zoning, Prime Location
    Where is this land located?
    The property is located at Coleman Rd East Lansing, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; 17.48-acre residential land parcel.; High-density residential zoning.
    (517) 679-8633
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    Coleman Rd 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
    Coleman Rd East Lansing, MI 48823
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