16600 Chandler Rd, East Lansing, MI 48823-6112
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.
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
BC · 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.