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Property profile & analytics
OFF-MARKET
Land

0 Waverly Rd Lansing, MI 48917

4.56 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.56-acre parcel presents a unique investment opportunity in Lansing, Michigan. Situated in Ingham County, with a convenient location near the interchange and General Motors, this property offers significant potential for diverse development. Currently zoned RB - Low Density Residential, the land boasts excellent visibility due to its frontage on both Waverly Road and Standard Drive. The property's APN is 040-001-200-068-00 and is located in the 48917 zip code. Its proximity to the Saratoga Woods Subdivision adds to its appeal. The asking price is $49,900. Given its zoning and location, this land is suitable for a variety of uses, including but not limited to residential and industrial development. Further investigation into potential uses is encouraged. The property's size and strategic location make it an attractive prospect for developers and investors seeking a versatile land asset in a growing area. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant upside potential. Don't miss out on this chance to secure a prime piece of real estate in Lansing.

Property profile
Verified
Property type Land
Lot 4.56 ac (198,634 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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