720 N Martin Luther King Jr Blvd
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720 N Martin Luther King Jr Blvd
0.31 Acres of Commercial Land Offered at £39,450 in Lansing, MI 48915
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 | £39,450 | 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 | £39,450 |
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 | £39,450 | Lot Size | 0.31 AC |
Price Per AC | £127,258 |
Price | £39,450 |
Price Per AC | £127,258 |
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
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Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £947 | |
Land Assessment | £23,591 | Total Assessment | £24,538 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£23,591
Improvements Assessment
£947
Total Assessment
£24,538
zoning
Zoning Code | C (General Commercial) |
C (General Commercial) |
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720 N Martin Luther King Jr Blvd
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