8128 Redwood Blvd, Lansing, MI 48917
This exceptional 4.95-acre commercial land parcel, located at 8128 Redwood Blvd in Delta Charter Township, Michigan (zip code 48917), presents a unique investment opportunity. Zoned RD, this property is ideally suited for development, boasting pre-approved plans for a 60-bed assisted living facility. The site is completely prepared for immediate construction, eliminating significant pre-development hurdles. Detailed architectural drawings, financial projections, and a comprehensive business plan are available for serious inquiries. The property's attractive location offers convenient access to a variety of restaurants and shopping amenities, enhancing its appeal and potential for success. The parcel's APN is 040-009-200-048-00. The asking price is $499,000. A joint venture opportunity is also being considered. This is a rare chance to acquire a fully prepared site ready for immediate development in a desirable location. Don't miss this chance to capitalize on this exceptional opportunity.
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
Similar Nearby for Lease
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.