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Property profile & analytics
OFF-MARKET
Land

3912 Martin Luther King Jr Blvd Lansing, MI 48910

0.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.55-acre commercial lot presents a prime development opportunity on the bustling M-99 Highway in Lansing, Michigan. Located at 3912 S Martin Luther King Jr Blvd, this corner lot boasts high visibility and significant traffic counts, making it ideal for a variety of commercial ventures. The property is zoned for commercial use and offers a distinct advantage: a pre-existing foundation and readily available utilities, significantly reducing the initial investment and construction timeline for future development. The previous presence of a commercial building on the site further simplifies the permitting and construction processes. Situated in Ingham County, this property benefits from its proximity to numerous established businesses, ensuring a thriving commercial environment. The asking price is $79,900. This is a rare chance to acquire a build-ready lot in a high-traffic area with existing infrastructure, promising a strong return on investment. The lot's location in Lansing, MI (zip code 48910) provides easy access to major transportation routes and a robust local economy. Don't miss this opportunity to capitalize on this exceptional commercial property.

Property profile
Verified
Property type Land
Lot 0.55 ac (23,958 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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