Property profile

0 Grove Rd Lansing, MI 48906

OFF-MARKET
Land
19.52 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 19.52-acre parcel presents a compelling investment opportunity in Watertown Township, Michigan. Located on Grove Road, this property boasts 664 feet of road frontage, offering excellent accessibility. Currently zoned for agricultural use, the land presents significant development potential, making it ideal for various projects. Its strategic location provides easy access to major highways, placing it within minutes of the Lansing Regional Airport, enhancing its logistical appeal. The property's agricultural zoning opens doors to a range of uses, including but not limited to farming or potential solar development. Adding to its value, an additional 30 acres of adjoining land to the south are also available for purchase, presenting a unique opportunity for expansion or consolidation. The property's APN is 19-150-025-200-042-00. The asking price for this prime piece of land is $312,320. This location offers a blend of rural tranquility and convenient access to urban amenities, making it a highly desirable location for both residential and commercial ventures. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 19.52 ac (850,291 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grove Rd Lansing, MI 48906
Lansing metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Grove Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message