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Property profile & analytics
OFF-MARKET
Land

0 Chandler Rd East Lansing, MI 48823

5,760 SF 7.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.308-acre site presents a rare development opportunity in the highly sought-after Northern Tier of East Lansing, Michigan. Located on Chandler Road, with the APN numbers 007-02; 005-02; & 006-02, this property boasts a prime location in close proximity to Michigan State University, capitalizing on the significant student population. The existing zoning is D – Development District with a Development Overlay, offering considerable flexibility for a variety of development projects. The site's substantial size, combined with its strategic location within a thriving area featuring over 3,000 student amenitized beds, makes it an ideal investment for developers seeking to capitalize on the strong demand for housing near MSU. The property includes a 5,760 square foot multifamily building and land, providing immediate potential for redevelopment or repurposing. With limited development sites remaining in this area, this presents a unique chance to secure a significant parcel of land in a high-growth market. This is a truly exceptional opportunity to create a landmark development in a vibrant and expanding university town. The property's strategic location and zoning make it an attractive investment for those seeking to build a profitable and impactful project. Don't miss this chance to acquire a piece of East Lansing's future.

Property profile
Verified
Property type Land
Total area 5,760 SF
Lot 7.31 ac (318,336 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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