3912 Martin Luther King Jr Blvd Lansing, MI 48910
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.
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
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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.