Property profile

2130 Holmes Rd Lansing, MI 48906

OFF-MARKET
Land
Property ID
US43-1180376
4 ac lot
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Property summary

AI-generated overview

This exceptional four-acre commercial land parcel, located at 2130 W Holmes Rd in Lansing, Michigan, presents a unique development opportunity. The property, situated on the northeast corner of Holmes and Pleasant Grove Roads, benefits from a high-traffic, signaled intersection, ensuring excellent visibility and accessibility. Previously occupied by a school building, the site has been recently razed, providing a clean slate for new construction. The property is zoned "Opportunity," making it eligible for potential tax incentives and benefits under the Opportunity Zone program. A Request for Proposals (RFP) has been issued by the seller for development of this prime location. Detailed information regarding the RFP can be found on the Ingham County Land Bank website. This is an ideal location for a variety of commercial developments, capitalizing on its high visibility and strategic placement within a thriving community. The 48906 zip code offers convenient access to major transportation routes and amenities. This is a rare chance to acquire a significant commercial land parcel in a desirable location with significant development potential. Don't miss this opportunity to build your vision in a vibrant and growing area. The property's latitude and longitude coordinates are 42.69751315 and -84.58124052 respectively.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)
UPID US43-1180376

Cap rate & NOI

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

Location

2130 Holmes Rd Lansing, MI 48906
Lansing metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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