0 St. Joseph Hwy Lansing, MI 48917
This exceptional 71.86-acre parcel of land presents a remarkable opportunity for residential development in Lansing, Michigan. Located on West St. Joseph Highway, the property boasts a convenient location with excellent access to major roadways. The land is zoned RB - Low Density Residential, offering flexibility for various residential projects. With a total asking price of $7,186,000, the price per acre is $100,000, representing a strong value proposition for developers. The expansive lot size allows for the creation of a substantial residential community, potentially including single-family homes, multi-family dwellings, or senior living facilities. The property's location and zoning make it suitable for a range of residential development options, including mixed-use projects. The Assessor's Parcel Number (APN) is 040-014-300-021-00. This is a rare opportunity to acquire a large, well-situated tract of land in a growing area of Eaton County, Michigan, with a zip code of 48917. The latitude and longitude coordinates are 42.7265402 and -84.657166 respectively. This property is ideal for developers seeking a significant land acquisition for a substantial residential project.
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
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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.