702 Main StGrand Ledge, MI 48837

  • Commercial real estate
  • 13.49 AC
For Sale
$799,000 View listing

Property Details for 702 Main St

Lot size
13.49 AC
Zone code
R-MD
Property type
Commercial real estate
APN
400 002 300 050 00
APU
40000230005000

Description

This exceptional 13.49-acre parcel, located at 702 W Main Street in Grand Ledge, Michigan, presents a remarkable opportunity for builders and developers. Situated in the heart of Grand Ledge, this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned for residential use, specifically R-med density, allowing for a variety of development possibilities. The lot size offers ample space for a substantial residential project. All utilities are available for connection on Main Street, simplifying the development process and minimizing infrastructure costs. The property's APN is 40000230005000. With a total asking price of $799,000, this translates to a price per acre of $60,763.52, reflecting the prime location and development potential. This is a rare opportunity to acquire a significant residential land parcel in a thriving Michigan community. The property is conveniently located in Eaton County, with the zip code 48837. The coordinates are 42.761461 latitude and -84.750907 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $42,076,696
    Hospitality
    $38,542,024
    Educational
    $32,066,512
    Medical
    $33,169,330
    Retail
    $49,881,244

Location Insight

City
Grand Ledge
County
Eaton
State
Michigan
Latitude
42.7615
Longitude
-84.7509
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
2023
$4,838
-
-
$47,500
-
-
-
$95,000

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