3151 Coleman Rd East Lansing, MI 48823
- Commercial land
- 19.70 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3151 Coleman Rd
- Lot size
- 19.70 lot acres
- Zone code
- A
- Property type
- Commercial land
- APN
- 19-20-50-36-300-010
- APU
- 19205036300010
Description
This exceptional 3.95-acre commercial land parcel, identified as Parcels A & B, presents a remarkable investment opportunity in East Lansing, Michigan. Strategically located at 3151 East Coleman Road, 48823, near the intersection of Coolidge and Coleman Roads, this property enjoys a prime position in Ingham County. The site is ideally situated for a variety of commercial and mixed-use developments, benefiting from its proximity to the planned Coleman Road extension, providing convenient access to Eastwood Towne Center. The property's zoning is R3 (Single-Family and Two-Family Residential) for Parcels A & B, offering flexibility for development. All utilities are readily available on-site, simplifying the construction process. The location boasts exceptional accessibility, with several thousand residential units within a one-mile radius, ensuring a strong potential customer base. Furthermore, the area offers convenient access to a range of amenities, including hotels and restaurants. This property is a short distance from the MSU Federal Credit Union headquarters, adding to its appeal and potential for future growth. The master plan envisions commercial and mixed-use development, making this a truly unique opportunity for investors seeking a high-growth potential location. This is a rare chance to acquire a substantial land parcel in a thriving East Lansing location with significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Lansing
- County
- Clinton
- State
- Michigan
- Longitude
- -84.5021
- Latitude
- 42.775
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
