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: 432 20 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
    • Building Features
      • 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

    Deb Good

    Associate Broker-The Good Team

    RE/MAX Real Estate Professionals

    Direct: 517-719-3323

    Neighborhood

    48911 (Lansing) Demographics

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

    Market Last 30 Days

    $110,000 Median Sales Price
    45 Homes Sold
    47 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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