0 Cherbourg Dr & Michigan Ave Lansing, MI 48917
This exceptional commercial land offering presents two adjacent parcels totaling between 0.93 and 1.94 acres, ideally situated in Delta Charter Township, Lansing, Michigan. The property boasts a prestigious location off I-496, providing convenient access to major transportation routes. Its proximity to St. Joseph Highway and Creyts Road ensures high visibility and easy commutes for employees and clients. The surrounding area is characterized by a thriving business environment, attracting high-quality tenants such as IDV Solutions, Medicare Medicaid Assistance Program, WSP USA, and DXC Technology. This prime location offers immediate access to I-496, placing businesses within easy reach of the broader Lansing area and beyond. The property's adjacency to the Crowne Plaza Lansing West Hotel provides added convenience for visitors and clients. Furthermore, its proximity to the Lansing Mall and the active West Saginaw retail sector offers employees and clients a wide array of amenities and services. The land is priced at $4 per square foot, representing a compelling investment opportunity in a highly desirable location. The zoning allows for the construction of office buildings, making it perfect for developers seeking to establish a presence in a thriving commercial corridor. The combined acreage provides ample space for a substantial office development, catering to a variety of business needs and sizes. The address is Cherbourg Drive & Michigan Avenue, Delta Charter Township, Eaton County, MI 48917.
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.
Costs & Benchmarks
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.