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Priced at $639,000, this 1.54-acre commercial land parcel at 111 South Waverly Road presents a strategic redevelopment site in Lansing, Michigan. The property offers substantial utility for investors or developers seeking to capitalize on a position within this established Michigan submarket. As the state capital, Lansing maintains a stable economic base driven by government operations, insurance sectors, and major educational institutions, providing consistent demand for well-situated commercial real estate. Prospective buyers can evaluate the site for a variety of commercial applications, ranging from retail developments to service-oriented business facilities. The parcel’s location provides access to the broader infrastructure network of the region, facilitating connectivity throughout the capital area. Whether looking to initiate a ground-up project or secure long-term land holdings, this site aligns with various investment strategies focused on the growing suburban and urban corridors surrounding Lansing.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.