13.76 Redevelopment Opportunity!

2727 South Pennsylvania Avenue Lansing, MI 48910

2727 South Pennsylvania Avenue , Lansing, MI, 48910
2727 South Pennsylvania Avenue , Lansing, MI, 48910
FOR SALE
Property Type:
Commercial Land Development
Amount:
$900,000
Cap Rate:
0.00%
Last Verified:
Dec 04, 2025

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13.76 Acres in Established South Lansing Corridor Prime Redevelopment Opportunity This 13.76-acre site in South Lansing offers a rare chance to reimagine a prominent, established property in a high-visibility corridor. Formerly home to the 240,000 SF McLaren Penn Campus, the site has now been cleared and is fully prepared for redevelopment, creating a blank slate for a wide range of users. Zoned G-2 Wholesale and DM-4 Residential, the property is well-positioned for industrial, multi-family, or mixed-use concepts. Its flexible zoning and substantial footprint provide developers with the opportunity to bring new life to a strategically located parcel with excellent connectivity. Surrounded by green space—including a large park and the Sycamore Creek area—the site offers a natural buffer and appealing setting for future residents or users. With 778 feet of frontage on Health Care Court and 600 feet along Alpha Street, the property provides strong access and multiple configuration options. Two existing easements—a reciprocal parking easement and a utility easement—support the adjacent office building, which has expressed interest in participating in future redevelopment plans. Full easement documentation is available upon request. Whether envisioned for residential density, industrial operations, or a thoughtful combination of both, this site represents a rare redevelopment opportunity in a transitioning corridor with long-term growth potential.

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Map of 2727 South Pennsylvania Avenue , Lansing, MI, 48910

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.