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Property profile & analytics
OFF-MARKET
Land

1850 Washington Ave Lansing, MI 48910

0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.7-acre commercial land parcel presents a remarkable investment opportunity in Lansing, Michigan. Situated at the highly visible and easily accessible signalized corner of Washington Avenue and Mt. Hope Avenue, this property boasts two curb cuts, ensuring convenient ingress and egress. Its prime location offers unparalleled exposure to high traffic volumes, making it ideal for a wide range of commercial ventures. The property is zoned for commercial use, providing flexibility for various development plans. The APN is 33-01-01-21-385-004. The asking price is $129,000. Its strategic location offers easy access to major highways, further enhancing its appeal and potential for significant return on investment. The property's proximity to the neighboring REO Town area adds to its desirability. This vacant land presents a unique chance to capitalize on a high-traffic location with excellent visibility and convenient access, making it an attractive proposition for developers and investors alike. The Ingham County location, with a Lansing zip code of 48910, provides a strong foundation for future growth and success. This is a rare opportunity to acquire a strategically positioned commercial lot in a thriving area.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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