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    Grove Rd Lansing, MI 48906

    Sponsored
    For Sale
    $480,000

    Prime agricultural/residential land, development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30-acre parcel presents a unique investment opportunity in Lansing, Michigan. Located on Grove Rd, this property boasts 965 feet of road frontage and is zoned for agricultural and residential uses, offering considerable flexibility for development. The property's APN is 150-025-300-015-00. Its convenient location provides easy access to major highways and is within minutes of the Lansing Regional Airport, enhancing its appeal for various projects. The asking price for this expansive land is $480,000. This site is particularly well-suited for development projects, including but not limited to residential subdivisions or solar energy installations. Furthermore, an additional 20 acres of adjoining land to the north are also available for purchase, presenting a potential for significant expansion. The property is situated in Clinton County, Michigan, with a zip code of 48906. This prime location and versatile zoning make this a compelling opportunity for investors seeking a substantial land holding with high development potential in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 0 Grove Rd

    General Information

    Property type
    Farms
    Lot Size
    1,306,800 SF

    HighLights

    • 30‑acre parcel in Lansing, MI, with 965 ft of road frontage.
    • Zoned for agricultural and residential use.
    • $480,000 asking price.
    • Adjacent 20 acres also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lansing
    County
    Clinton
    State
    Michigan
    Longitude
    -84.622268293839
    Latitude
    42.789583329721

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    FAQs

    What type of property is this?
    Farm - Prime agricultural/residential land, development opportunity.
    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 $480,000.
    What are key features of this property?
    This property features: 30-acre parcel in Lansing, MI, with 965 ft of road frontage.; Zoned for agricultural and residential use.; $480,000 asking price.
    Request Owner's contact information
    Grove Rd 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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