1850 Washington Ave Lansing, MI 48910
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.
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.