1300 Lk Lansing Rd East Lansing, MI 48823
This 1.18-acre commercial land parcel, located at 1300 E Lake Lansing Rd in East Lansing, Michigan (48823), is offered for sale at $299,000. The property, APN 33-20-02-07-214-031, is zoned B-1 and boasts a prime location on a busy thoroughfare, providing excellent visibility and accessibility. Its strategic position offers easy access to major highways I-69 and US-127, ensuring convenient commutes for employees and clients. The site is situated across from the Carriage Hills Shopping Center, benefiting from the high traffic volume and established commercial presence in the area. Surrounded by residential neighborhoods and businesses, and near two East Lansing elementary schools, this location is ideal for a variety of office uses, including medical offices, law firms, insurance agencies, or general office spaces. The property's ample space allows for approximately 25 parking spots, addressing the parking needs of a potential development. This is an exceptional opportunity to acquire a well-positioned commercial lot in a thriving East Lansing community. Ingham County location.
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MSU Federal Credit Union ATM Credit Union
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Lake Trust Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
B1 · East Lansing, MIEast Lansing. Always verify with local authorities before improvements.
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.