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    625 S Waverly Rd Lansing, MI 48917

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    For Sale
    Contact for pricing

    Retail center in Lansing with high visibility and ample parking.

    Property size:
    13,199 SF

    Property Features for 625 S Waverly Rd

    General Information

    Size
    13,199 SF

    Building Details

    Year built
    1977

    Source: Scott Adams Agent Scott Adams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lansing Retail Center For Sale

    This retail center is located in Lansing, Michigan, at the intersection of Waverly Road and St. Joseph Highway, just one block north of I-496. The property, situated on a corner lot, features high visibility and a large parking lot servicing multiple retail suites across three buildings. Signage opportunities are available in multiple locations on the property. The location benefits from over 35,000 vehicles per day (VPD) at the I-496 exit/entrance ramp on Waverly Road. Nearby retailers include Home Depot, Quality Dairy, Tim Hortons, Boost Mobile, and Ollie's Bargain Outlet. Available spaces include 610 square feet and 2,000 square feet. Open floor plans are suitable for a variety of uses. Up to 6-months rent free.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boost Mobile Cell Phone Store Lansing Sneaker Spa Shoe Repair Shop JETTA EXPRESS Clothing Store C & O Discount ... Tobacco Shop Tálogué Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Waverly Shopping Center, Southfield Shopping Center, JETTA EXPRESS

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.602279
    Latitude
    42.727003

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    FAQs

    What type of property is this?
    Shopping center - Retail center in Lansing with high visibility and ample parking.
    Where is this shopping center located?
    The property is located at 625 S Waverly Rd Lansing, MI.
    What is the asking price?
    The asking price for this property is $9.
    What are key features of this property?
    This property features: - High Visibility: Corner lot location at a busy intersection with over 35,000 vehicles per day.; - Rent-Free Incentive: Up to 6 months of rent-free occupancy.; - Immediate Availability: Suites available in 610 SF and 2,000 SF configurations.
    (517) 881-5308
    Request Owner's contact information
    625 S Waverly Rd 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
    625 S Waverly Rd Lansing, MI 48917
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