Property profile

818 Oakland Ave Lansing, MI 48906

OFF-MARKET
Medical Office Space
Property ID
US43-1663145
1,840 SF 1.02 ac lot Built 1944
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial redevelopment opportunity presents a prime 1.02-acre site ideally located at the corner of Oakland and Prudden Avenues in Lansing, Michigan. The property boasts a substantial 1,840 square feet of buildable area, offering significant potential for a variety of commercial ventures. Its strategic corner location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving area. The property is zoned DT-2, providing flexibility for a range of development options, subject to city approvals. This presents a unique chance to capitalize on a highly desirable location and create a significant return on investment. The existing structure, if any, is not detailed in the provided information and should be independently verified. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land parcel. The asking price for this remarkable opportunity is $325,000. All interested parties are advised to conduct their own due diligence regarding zoning regulations, building codes, and any necessary permits before making an offer. This information is provided as is, without warranty or guarantee.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1944
Total area 1,840 SF
Lot 1.02 ac (44,605 SF)
Zoning code I HVY
APN 33-01-01-10-351-252
UPID US43-1663145

Cap rate & NOI

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

Location

818 Oakland Ave Lansing, MI 48906
Lansing metro Census 800 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
1 recorded transaction
2026
$120,000

Zoning & alternative use

I HVY · Lansing, MI

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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