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Property profile & analytics
OFF-MARKET
Land

2447-2463 Lake Lansing Rd East Lansing, MI 48823

1.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving East Lansing market. Located at 2447-2463 E. Lake Lansing Rd, East Lansing, MI 48823, this property boasts a highly desirable location, situated at the corner of Saginaw Highway (M-78) and East Lake Lansing Road. The site offers excellent visibility and accessibility, with frontage along both major thoroughfares. Multiple lot sizes are available, ranging from 1.59 to 8.63 acres, providing flexibility for various development projects. The property is zoned B2 and B4, allowing for a wide range of commercial uses. This prime location benefits from its proximity to a number of established businesses, including Costco, Rite Aid, Fiesta Charra, Meijer, MSUFCU, Speedway, McDonald's, Taco Bell, and Ace Hardware, ensuring high traffic volume and strong consumer presence. The asking price is $1,075,000. Individual lot pricing is available upon request. This is an exceptional opportunity to acquire a strategically located commercial parcel in a rapidly growing area with significant potential for future development and strong return on investment.

Property profile
Verified
Property type Land
Lot 1.59 ac (69,260 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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