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Property profile & analytics
OFF-MARKET
Office Spaces

0 Municipal Way Lansing, MI 48917

1.5 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire prime office land in the prestigious MERS Park, located in Delta Charter Township, Lansing, Michigan. This established 36-acre business park boasts convenient access to I-496 and Creyts Road, offering unparalleled visibility and connectivity. Several condominium sites ranging from 1.5 to 11.63 acres are available, providing flexibility for various development projects. The lots are zoned for office use and feature all essential utilities, including water, sewer, gas, electricity, and phone lines. Several beautifully wooded lots are also available, and some can be combined to create larger parcels. Specific lot sizes include: Unit 2A (1.706 acres), Unit 2B (3.436 acres), Unit 5B (3.000 acres), Unit 6 (1.768 acres), Unit 7 (1.777 acres), Unit 8 (2.271 acres), Unit 9 (2.805 acres), Unit 10 (1.496 acres), and Unit 11 (1.513 acres). This development is situated near prominent organizations such as the Municipal Employees' Retirement System, Middle Cities Risk, and Michigan Virtual University, solidifying its position as a thriving business hub in the Lansing area. The property's location and amenities make it an ideal investment for developers seeking a high-profile location with excellent infrastructure. Multiple APNs are available.

Property profile
Verified
Property type Office Spaces
Lot 1.5 ac (65,340 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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