0 Waverly Rd Lansing, MI 48917
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.
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.