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Property profile & analytics
OFF-MARKET
Land

0 State Rd East Lansing, MI 48823

7.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.1-acre parcel presents a remarkable multi-family development opportunity in East Lansing, Michigan. Strategically located at the northwest quadrant of East State Road and US-127, this cleared site boasts significant frontage: 1,162 feet along US-127 and 551 feet along East State Road. The property's M4 (Dewitt Township) zoning specifically permits multi-family construction, making it ideal for a high-density residential project. Its prime location offers unparalleled access to major thoroughfares, including US-127 and I-69, ensuring convenient commutes for residents. The site's proximity to established commercial centers like the MSU Federal Credit Union headquarters and Eastwood Towne Center, along with numerous retail giants such as Dick's Sporting Goods, Sam's Club, NCG Cinema, Walmart, Meijer, and Kroger, further enhances its appeal and potential for strong rental demand. Water and sewer utilities are conveniently located at the intersection of East State Road and Coolidge Road, simplifying infrastructure connections. The asking price is $299,000, and the APN is 19-20-50-26-400-026. This is a rare chance to acquire a ready-to-develop site in a high-growth area with exceptional visibility and accessibility.

Property profile
Verified
Property type Land
Lot 7.1 ac (309,276 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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