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    OFF-MARKET
    Land

    8128 Redwood Blvd, Lansing, MI 48917

    4.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 4.95 ac (215,622 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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