4578 Hagadorn RdEast Lansing, MI 48823

For Sale
$2,500,000 View listing
  • Commercial real estate
  • 1,244 SF

Property Details for 4578 Hagadorn Rd

Year built
1952
Lot size
0.72 AC
Property size (Sq ft)
1,244 SF
Zone code
PO
Property type
Commercial real estate
APN
33-02-02-20-351-003
APU
33020220351003

Description

This exceptional 5.7-acre commercial land parcel presents a unique redevelopment opportunity in the thriving East Lansing, Michigan market. Ideally situated across from Michigan State University's campus on Hagadorn Road, this property boasts unparalleled visibility and accessibility. The site is zoned PO, offering flexibility for a variety of development projects. Envision a mixed-use development incorporating commercial and residential components, or perhaps a specialized project such as a senior housing or care facility. The substantial lot size allows for ample space to create a significant development. The property's location in Meridian Township ensures convenient access to major roadways, amenities, and the vibrant MSU community. With its prime location and zoning, this property represents a compelling investment opportunity for developers seeking to capitalize on the strong demand for real estate in this dynamic area. The two parcels included are identified by APN numbers 33-02-02-20-351-002 & 33-02-02-20-351-003. The asking price for this significant development opportunity is $2,500,000. The address is 4578 & 4606 Hagadorn Rd, East Lansing, MI 48823.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $89,076
    Hospitality
    $81,593
    Educational
    $67,885
    Medical
    $70,219
    Retail
    $105,599
4578 Hagadorn Rd, East Lansing, Michigan

Location Insight

City
East Lansing
County
Ingham
State
Michigan
Latitude
42.7144
Longitude
-84.4617
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$22
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-
-
-
-
-
-

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