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Property profile & analytics
OFF-MARKET
Commercial real estate

722 Martin Luther King Jr Blvd Lansing, MI 48915

0.34 ac lot
Property ID
US43-5005107
Property summary
AI-generated overview

This exceptional 0.34-acre commercial land parcel presents a unique investment opportunity in the heart of Lansing, Michigan. Strategically located near the intersection of Martin Luther King Jr. Boulevard and Saginaw Street, this property boasts high visibility and significant vehicle traffic, making it an attractive site for various commercial ventures. The lot is fully fenced, offering security and ease of management. The permitted zoning is commercial, allowing for a wide range of development possibilities, from additional business parking to new commercial construction. The property's central location provides easy access to major thoroughfares and a diverse customer base. With its prime location and considerable potential, this lot represents a compelling investment for those seeking to capitalize on Lansing's thriving commercial landscape. The property includes three separate APNs: 33-01-01-08-481-071, 33-01-01-08-481-051, and 33-01-01-08-481-051. The asking price for this exceptional opportunity is $50,000. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 0.34 ac (14,810 SF)
APN 33-01-01-08-481-071, 33-01-01-08-481-051, 33-01-01-08-481-051
UPID US43-5005107
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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