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    Grove Rd Lansing, MI 48906

    For Sale
    $312,320

    20 Acres, Development Potential, $312,320

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 19.52-acre parcel presents a compelling investment opportunity in Watertown Township, Michigan. Located on Grove Road, this property boasts 664 feet of road frontage, offering excellent accessibility. Currently zoned for agricultural use, the land presents significant development potential, making it ideal for various projects. Its strategic location provides easy access to major highways, placing it within minutes of the Lansing Regional Airport, enhancing its logistical appeal. The property's agricultural zoning opens doors to a range of uses, including but not limited to farming or potential solar development. Adding to its value, an additional 30 acres of adjoining land to the south are also available for purchase, presenting a unique opportunity for expansion or consolidation. The property's APN is 19-150-025-200-042-00. The asking price for this prime piece of land is $312,320. This location offers a blend of rural tranquility and convenient access to urban amenities, making it a highly desirable location for both residential and commercial ventures. Serious inquiries are encouraged.

    Property Features for 0 Grove Rd

    General Information

    Property type
    Farms
    Lot Size
    850,291 SF

    HighLights

    • 19.52‑acre parcel in Watertown Township, MI, with 664' of road frontage on Grove Road.
    • Agricultural zoning allows for diverse development potential, including solar.
    • Convenient access to major highways and Lansing Regional Airport.
    • Adjacent 30 acres available for purchase.
    • Asking price: $312,320.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Clinton
    State
    Michigan
    Longitude
    -84.6222651
    Latitude
    42.7913969

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    FAQs

    What type of property is this?
    Farm - 20 Acres, Development Potential, $312,320
    Where is this farm located?
    The property is located at Grove Rd Lansing, MI.
    What is the asking price?
    The asking price for this property is $312,320.
    What are key features of this property?
    This property features: 19.52-acre parcel in Watertown Township, MI, with 664' of road frontage on Grove Road.; Agricultural zoning allows for diverse development potential, including solar.; Convenient access to major highways and Lansing Regional Airport.
    Request Owner's contact information
    Grove Rd Lansing, MI 48906
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    Lansing, MI 48906
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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
    Grove Rd Lansing, MI 48906
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