1525 Watertower PlEast Lansing, MI 48823
- Commercial land
- 0.49 AC
Property Details for 1525 Watertower Pl
- Lot size
- 0.49 AC
- Zone code
- B4
- Property type
- Commercial land
- APN
- 33-20-01-02-226-107
- APU
- 33200102226107
Description
This exceptional 0.492-acre commercial land parcel, located at 1525 Watertower Place in East Lansing, Michigan (48823), presents a remarkable opportunity for immediate development. Situated within the prestigious Watertower Place office condo development, this lot is the last remaining site, offering unparalleled visibility and convenience. The property boasts a prime location at the entrance on Coolidge Road, ensuring maximum exposure for any new construction. All utilities are readily available, and a pre-installed parking lot eliminates significant upfront infrastructure costs. The site is zoned for office use and benefits from the efficient management of common area maintenance provided by the condominium association. Its strategic location in East Lansing, just north of Lake Lansing Road and easily accessible from US 127, provides excellent connectivity and accessibility. The property is offered fee simple with an asking price of $390,000 and the APN is 33-20-01-02-226-107. This is a truly unique opportunity to establish a presence in a thriving East Lansing business community. Don't miss this chance to acquire the last available lot in this highly sought-after development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,534,634
- Hospitality
- $1,405,716
- Educational
- $1,169,540
- Medical
- $1,209,762
- Retail
- $1,819,284
Location Insight
- City
- East Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.7663
- Longitude
- -84.5044
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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