Up to 1.94 Acre office site - Verndale Lakes-Prime Office Lots Near I-496 Interchange

Cherbourg Drive & Michigan Ave. Lansing, MI 48917

Cherbourg Drive & Michigan Ave., Lansing, MI, 48917
Cherbourg Drive & Michigan Ave., Lansing, MI, 48917
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Sep 03, 2025

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1.94 Acre office site located at the edge of the Verndale Lakes residential neighborhood. The corner lot offers good visibility on Michigan Avenue with easy access to I-496 and the Lansing Mall retail center. PROPERTY FEATURES • Lot 29: 1.01 Acres (43,995 SF ±) • Lot 30: 0.93 Acres (40,510 SF ±) • Zoned Office • Flat sites ready for immediate development • Close to numerous office buildings, Mt Hope Church and active West Saginaw retail sector anchored by the Lansing Mall. • Easy assess to interstates and downtown

Additional URLs

Map of Cherbourg Drive & Michigan Ave., Lansing, MI, 48917

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.