Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
I HVY · Lansing, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for I HVY in Lansing, MI.
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