2040 Merritt Rd, East Lansing, MI 48823-2921
This exceptional 2.97-acre commercial land parcel presents a unique investment opportunity in the thriving East Lansing, Michigan market. Located at 2040 Merritt Rd, zip code 48823, this property boasts a highly visible location with significant traffic flow, ideal for maximizing exposure and attracting customers. The site is zoned B-2, offering considerable flexibility for a range of commercial developments. This single-tenancy land is situated in Ingham County and presents a blank canvas for a retail-pad investor seeking a strategic location to establish a strong presence within a dynamic community. The well-maintained property provides an excellent foundation for a new development, capitalizing on the area's robust market and high demand for commercial space. The property's location in East Lansing offers easy access to major transportation routes and a dense population base, ensuring high visibility and accessibility for any future business. This is an exceptional chance to acquire a prime commercial land parcel in a desirable location with significant growth potential. The 2.97 acres provide ample space for a variety of development options, making this an attractive investment for discerning buyers.
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High Society Cannabis Supercenter East Lansing (Bike/Boat/Book/etc) Store
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
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.