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    602 Elmwood Rd Lansing, MI 48917

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    For Lease
    $14 SF/Yr ($1,283 /Mo)

    Retail space available in a high-traffic Lansing location.

    Property size:
    1,100 SF
    Lot size:
    0.40 Acres

    Property Features for 602 Elmwood Rd

    General Information

    Size
    1,100 SF
    Lot size
    0.40 Acres

    Source: Martin Commercial Properties Agent Carson Patten

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

    Overview

    Retail Space Near Lansing Mall

    This retail space is located in a popular strip center across Elmwood Road from Meijer and across West Saginaw from the Lansing Mall. The property offers highly visible pole signage and ample doorstep parking. Excellent visibility and ingress/egress are additional benefits. Area retailers include Meijer, Target, Burlington, Hobby Lobby, Planet Fitness, Bed Bath & Beyond, Best Buy, and Gordon Food Service. The available space is 1100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Golden Needle Tailor ... Tailor Better Than Urs ... Custom T-Shirt Store I Spa Nails Nail Salon Great Lake Transporters Shipping Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -84.6213074
    Latitude
    42.7399875

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a high-traffic Lansing location.
    Where is this strip mall located?
    The property is located at 602 Elmwood Rd Lansing, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible pole signage; - Ample doorstep parking; - Excellent visibility and ingress/egress
    (720) 987-4988
    Request Owner's contact information
    602 Elmwood 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
    602 Elmwood Rd Lansing, MI 48917
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