16850 Chadwell Rd East Lansing, MI 48823
Exceptional 10.87-acre development land presents a prime investment opportunity in East Lansing, Michigan. This property, located at 16850 Chadwell Rd, boasts convenient access to major roadways, including the I-69/E Saginaw interchange (BUS-69), ensuring seamless connectivity to surrounding areas. Its strategic location directly neighbors a Meijer supermarket, enhancing its commercial viability and attracting significant foot traffic. The property is zoned for development and offers easy access to several thriving communities, including Haslett, Okemos, Bath, and East Lansing, providing a diverse and established market. Nearby amenities include a wide array of retail establishments such as Events to Rent, Gillettes RV, Fast Eddy's Car Wash, MSU Federal Credit Union, McDonald's, Gilden Woods Child Care, Monticello's Market, Lansing Urgent Care, and a newly constructed ACE Hardware. The parcel's APN is 010-034-300-130-01. This exceptional location offers unparalleled potential for various development projects, benefiting from its proximity to Michigan State University and its strong connection to the regional transportation network. The asking price for this remarkable property is $995,000. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with excellent visibility and accessibility.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.