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    632 Dibble Ave Lansing, MI 48917

    Sponsored
    For Sale
    $399,000

    Freestanding Retail Building, 5,192 sq ft, 1.71 acres.

    Property size:
    5,192 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 5,192 square foot freestanding retail building is situated on a 1.71-acre lot in Lansing, Michigan, at 632 N Dibble. The property is zoned commercial and boasts a convenient drive-thru, making it exceptionally suitable for a variety of uses including food service, retail, medical offices, or restaurants. Its prime location on a busy corridor offers excellent visibility and accessibility. The building benefits from its proximity to a McDonald's, ensuring high traffic flow. Ample parking is available with 28 spaces. The substantial lot size presents significant opportunities for future expansion, catering to the needs of a growing business. This property is ideal for owner-occupiers seeking a strategic location or investors looking for a strong return. The building is currently available for sale, with a lease option also being considered. This versatile property presents a unique opportunity for a variety of businesses seeking a high-traffic location with ample space and expansion potential.

    Property Features for 632 Dibble Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    5,192 SF
    Lot Size
    74,488 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinhub Bitcoin ATM ... Atm Martin Cobb Pharmacy CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.60468
    Latitude
    42.7401

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    FAQs

    What type of property is this?
    Industrial property - Freestanding Retail Building, 5,192 sq ft, 1.71 acres.
    Where is this industrial property located?
    The property is located at 632 Dibble Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    (248) 662-5066
    Request Owner's contact information
    632 Dibble Ave Lansing, MI 48917
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    Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    632 Dibble Ave Lansing, MI 48917
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