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720 N Martin Luther King Jr Blvd

0.31 Acres of Commercial Land Offered at £39,220 in Lansing, MI 48915

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Investment Highlights

Heavy Traffic area
1031 Exchange

Busy intersection

Executive Summary

The prime investment parking lot is half way between Downtown/Capitol and the Lansing Regional Airport. The property is under study and option to build a new EV charging station. Other uses abound and it is perfect for a contractor or parking provider, uhaul business or future development potential. I'll be happy to throw in $500 towards the buyers broker fee. This is a Free and Clear property. For offer considerations please email or call Kenneth Burton at kdburton@kw.com, 517-242-2000, thank you.

Property Facts

Price	£39,220	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Tenants option to buy property	Proposed Use	Commercial
No. Lots	1	Total Lot Size	0.31 AC

Price	£39,220
Sale Type	Investment
Sale Conditions	Tenants option to buy property
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	0.31 AC

1 Lot Available

Lot 1

Price	£39,220	Lot Size	0.31 AC
Price Per AC	£126,518

Price	£39,220
Price Per AC	£126,518
Lot Size	0.31 AC

This is a fenced, paved and gated secure 60+/- car parking lot with two street lights(1-60W LED endmount around $41/MN and 1-40W LED is a 400w HPS and the cost around $20.00 per month) with a temporary 100amp electrical panel.

Description

Former Hospital parking lot

1 of 1

Walk Score ®

Very Walkable (75)

Bike Score ®

Very Bikeable (70)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 01-01-08-481-051 01-01-08-481-061 01-01-08-481-071	Improvements Assessment	£941
Land Assessment	£23,454	Total Assessment	£24,395