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

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

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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.