7.1Acres Multi-Family Development Opportunity on E. State Road & US-127

East State Road East Lansing, MI

East State Road , East Lansing, MI
East State Road , East Lansing, MI East State Road , East Lansing, MI
FOR SALE
Property Type:
Commercial Land Development
Amount:
$299,000
Cap Rate:
0.00%
Last Verified:
Jul 08, 2025

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PROPERTY FEATURES: • 7.1-acre site cleared and ready for development • 1,162' frontage along US-127 and 551' frontage on East State Road • Located just north of MSU Federal Credit Union headquarters and Eastwood Towne Center • Excellent opportunity for multi-family development • Zoning: M4 (Dewitt Township) - Multiple Family • Water and sewer located at the intersection of East State Road and Coolidge Road • Easy access to US-127 and I-69 • Nearby retailers include Eastwood Towne Center, NCG Cinema, Walmart, Meijer, Kroger and more

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Map of East State Road , East Lansing, MI

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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.