Property profile

16600 Chandler Rd East Lansing, MI 48823

OFF-MARKET
Commercial land
Property ID
US43-2203477
1,008 SF 5 ac lot Built 1955
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5-10 acre parcel, located at 16600 Chandler Rd in East Lansing, Michigan (48823), presents a unique investment opportunity. The property boasts commercial zoning, allowing for a diverse range of development possibilities. With dimensions of approximately 330 feet by 1320 feet, the expansive lot offers significant potential for various commercial ventures. The property is conveniently situated within a high-growth area of East Lansing, promising strong future returns. The parcel numbers are 050-036-100-060-00 and 050-036-100-065-00. The asking price is $525,000. 2023 property taxes totaled $12,189. The State Equalized Value (SEV) for parcel 060 is $108,800, and the SEV for parcel 065 is also $108,800. This prime location in Clinton County offers excellent access to major transportation routes and a thriving local economy. The property's size and zoning make it ideal for a variety of commercial developments, from retail spaces to light industrial uses. Don't miss this chance to acquire a significant piece of land in a rapidly developing area. Serious inquiries only.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1955
Total area 1,008 SF
Lot 5 ac (217,800 SF)
Zoning code BC
APN 050-036-100-065-00
UPID US43-2203477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16600 Chandler Rd East Lansing, MI 48823-6112
East Lansing metro Census 10104 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2024
Last sale
$410,000
3 recorded transactions
2024
Price N/A
2019
$410,000
2017
Price N/A

Zoning & alternative use

BC · East Lansing, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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