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Property profile & analytics
OFF-MARKET
Office Spaces

0 Cherbourg Dr & Michigan Ave Lansing, MI 48917

0.93 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Lot 0.93 ac (40,511 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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