3425 Saginaw St, Lansing, MI 48917
This exceptional 4.96-acre commercial lot presents a remarkable investment opportunity within the burgeoning WestPark development in Lansing, Michigan. Located at 3425 W Saginaw Street, this property is part of a meticulously planned 120-acre mixed-use community, poised for significant growth. The lot is strategically situated just minutes from downtown Lansing, the State Capitol, and Michigan State University, ensuring high visibility and accessibility. Approved uses include climate-controlled storage and a wide array of commercial applications, notably including drive-thru facilities. All commercial lots within WestPark are zoned and approved for drive-thrus, providing significant flexibility for potential development. The site benefits from readily available new infrastructure and all necessary utilities. While approvals are currently in place, final site plan approval is required. WestPark's master plan envisions a vibrant community encompassing up to 600 single and multi-family residences and eight commercial outlots, creating a thriving environment for businesses. This is a rare chance to secure a prime commercial parcel in a rapidly developing, high-demand area. The asking price for this exceptional opportunity is $1,500,000. The property is located in Ingham County, Michigan, with a zip code of 48917.
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FedEx OnSite Postal Service Courier Service
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COVID-19 Drive-Thru Testing at Walgreens Pharmacy
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Walgreens Cosmetic Store
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Walgreens Pharmacy Pharmacy
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Walgreens Photo (Bike/Boat/Book/etc) Store
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.