0 Saginaw Hwy Grand Ledge, MI 48837
This exceptional 17.77-acre parcel presents a remarkable development opportunity in Grand Ledge, Michigan. Located on E. Saginaw Highway in Delta Township and within the Grand Ledge school district, this property boasts 363.5 feet of prime highway frontage. The C-2 commercial zoning allows for a diverse range of uses, including multi-family housing, senior housing, mini-storage facilities, and auto dealerships, making it an ideal investment for developers seeking high-impact projects. The property's high visibility and convenient location ensure strong potential for attracting tenants and maximizing return on investment. The address is E Saginaw Hwy, Grand Ledge, MI 48837, with the APN 040-007-300-055-00. The property is being offered at $645,000. While previously considered for residential, senior housing, and storage uses, the flexible zoning opens doors to a wide array of commercial ventures. This is a rare opportunity to acquire a significant land holding in a thriving area with excellent access to major transportation routes. The lease on any prior use expired on September 21, 2022. Don't miss this chance to capitalize on the potential of this strategically located property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.