Lansing MI Washington Ave Lansing, MI 48911
This exceptional 11-acre parcel presents a compelling investment opportunity in Lansing, Michigan. Located at the northeast quadrant of West Miller Road and South Washington Avenue, this property is currently zoned R-2, permitting single-family residential development. However, its size and location offer significant potential for rezoning to accommodate multi-family residential construction, capitalizing on the strong local demographics. The site is situated in a largely residential area, approximately one mile north of a major highway, providing convenient access and high visibility. The high traffic volume of over 44,000 vehicles daily along the nearby I-96 further enhances the property's desirability and potential for development. The asking price for this expansive land parcel is $299,000. Detailed zoning information and potential rezoning possibilities are available upon request. This is a rare opportunity to acquire a substantial tract of land in a thriving Lansing neighborhood with excellent potential for significant returns. The property's address is W Miller Rd @ S Washington Ave, Lansing, MI 48911, within Ingham County.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.