Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    2040 Merritt Rd, East Lansing, MI 48823-2921

    3,520 SF 0.78 ac lot Built 2022
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1593664
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2022
    Total area 3,520 SF
    Lot 0.78 ac (33,977 SF)
    APN 33-20-02-08-200-008
    UPID US43-1593664
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • High Society Cannabis Supercenter East Lansing (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Merritt Road 4 LLC · 6 yrs held
    Merritt Road 4 LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2040 Merritt Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message