For Sale
$1,200,000

400 Dexter Rd Eaton Rapids, MI 48827

15 Acres, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 15.14-acre property in Eaton Rapids, Michigan, presents a unique redevelopment or backfill opportunity. The vacant, 45,626-square-foot former charter school building, built in 1953, offers significant potential. Priced at $1,200,000 ($26.30/sq ft), this fee-simple property is well below replacement cost. The RD1 residential zoning allows for diverse uses. The site boasts 100 surface parking spaces and is conveniently located near major retailers like Rite Aid, Dollar General, and Speedway. Its prime location offers easy access to Lansing (25-minute drive) and Capital Region International Airport (35-minute drive). The area enjoys a high average household income of $77,000. This single-unit, Class B property is a compelling investment prospect for developers and entrepreneurs seeking a strategic location in a thriving community. The property is currently vacant and ready for immediate development.

Property Details for 400 Dexter Rd

Property type
Specialty properties, Schools
Square Feet
45,626 SF
Class
B
Year Built
1953
Lot Size (sq. ft)
659,498 SF
Units
1

Location Insight

City
Eaton Rapids
County
Eaton
State
Michigan
Latitude
42.5203596
Longitude
-84.6638661

FAQs

What type of property is this?
Specialty property - 15 Acres, Redevelopment Opportunity
Where is the specialty property located?
The property is located at 400 Dexter Rd Eaton Rapids, MI.
What is the asking price?
The asking price for this property is $1,200,000.
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400 Dexter Rd
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