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    6365 Newton Rd East Lansing, MI 48823

    For Sale
    $4,995,000

    Prime C-2 zoned land, ideal for large-scale development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 39.38-acre parcel, located at 6365 Newton Rd in East Lansing, Michigan (zip code 48823), presents a remarkable development opportunity. The property, identified by APN 33-02-02-04-100-003, is zoned C-2, offering considerable flexibility for a variety of commercial ventures. Its expansive size makes it particularly well-suited for large-scale projects such as "big box" retail establishments, mixed-use developments, multi-family residential complexes, or senior housing facilities. Situated in Ingham County, this strategically located land boasts convenient access to major transportation routes and a thriving community. The asking price for this premier development opportunity is $4,995,000. This is a rare chance to acquire a significant land holding in a desirable East Lansing location with high potential for substantial returns. The property's size and zoning provide a unique platform for ambitious development plans, catering to a wide range of commercial and residential needs. Serious inquiries are encouraged.

    Property Features for 6365 Newton Rd

    General Information

    Property type
    Land
    Lot Size
    1,715,393 SF

    HighLights

    • $4,995,000 asking price.
    • 39.38‑acre land parcel.
    • C‑2 zoning.
    • Located at 6365 Newton Rd, East Lansing, MI 48823 (APN: 33‑02‑02‑04‑100‑003).
    • Suitable for large‑format retail, mixed‑use, multi‑family, or senior housing development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.434764
    Latitude
    42.765489

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    FAQs

    What type of property is this?
    Land - Prime C-2 zoned land, ideal for large-scale development.
    Where is this land located?
    The property is located at 6365 Newton Rd East Lansing, MI.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: $4,995,000 asking price.; 39.38-acre land parcel.; C-2 zoning.
    (517) 662-3529
    Request Owner's contact information
    6365 Newton Rd 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.

    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
    6365 Newton Rd East Lansing, MI 48823
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