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6210 S MLK $1,100,000

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6210 S MLK Lansing, MI 48911

  • Commercial Sale
MLS# 29925310 | ACTIVE

$1,100,000

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Days On Market: 493 23 Views
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Property Details

This land sits at the corner of Pleasant Grove and S MLK Blvd at the first signalized corner North of the I-96 interchange. The location is ideal for both highway service, such as fast food as well as neighborhood service. With daily traffic counts on S MLK of 18,426 and 5,900 on Pleasant Grove, the property has great exposure and multiple ingress / egress points on two roads. Plus, the property is just seconds from I-96 with average daily traffic of 40,600. This parcel is located in the Federal Opportunity Zone, qualifying investments here for tax benefits. Speak to your tax professional for advise pertaining to Federal Opportunity Zone investments. These properties are available as separate parcels priced as: Parcel A $250,000 Parcel B $500,000 Parcel C $350,000 Trades for other income producing commercial properties will be considered. Populations is 120k +/- in the 5 miles surrounding the property.

  • General Features
    • Property subtypes Retail
    • Sale terms Cash to Seller
    • zoning F COMMERCIAL
  • BuildingFeatures
    • Building status Existing
    • visibility Excellent
  • Property Features
    • land size max 3.06
    • land size min 0.81
    • land size unit ACRE
    • traffic count street S MLK (Logan)

Contact

Matthew Wisniewski

Commercial Advisor / Managing Broker

RE/MAX Commercial Group

Direct: 517-321-2800 x118

Neighborhood

48911 (Lansing) Demographics

33Median Age
2,456Population Density (per sq. mile)
32%College Educated
$39,522 Estimated Median Income
7,928Estimated Total Home Owners
7,666Estimated Total Renters
51% / 49%Estimated Owner / Renter Divide
2Estimated Average Household Size
39,063Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$89,950 Median Sales Price
32 Homes Sold
55 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,100,000
      1/12/2018 12:34:00 PM New in Database Source

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      The data relating to real estate for sale on this website is provided in part by the Catalyst Commercial MLS. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2019 All rights reserved.