& US-127 Coolidge Road/State Rd East Lansing, MI 48823
This exceptional 190-acre office park in East Lansing, Michigan, presents a unique investment opportunity. Located on Coolidge Road/State Road & US-127, this B4-zoned development site offers parcels ranging from 1 to 57 acres, ideal for various commercial uses. The land boasts prominent highway frontage and exposure along US-127, ensuring high visibility and accessibility. The site's strategic location is further enhanced by its proximity to the newly approved Coleman Road extension, improving connectivity. Established tenants include Michigan State Federal Credit Union's LEED-certified headquarters (140,000 and 186,350 square feet) and Mercantile Bank's 27,000-square-foot financial center, creating a thriving business environment. The area's ongoing development, including new retail, office, and residential projects, and the presence of Cole Academy's new 23,000-square-foot school, further solidifies Coolidge Park's long-term potential. Land prices start at $6.00 per square foot. This is a prime opportunity to acquire land in a rapidly growing area with excellent infrastructure and established corporate presence. The property's strategic location and zoning make it suitable for a wide range of commercial developments, promising significant returns on investment. Don't miss this chance to secure a piece of East Lansing's vibrant commercial landscape.
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.